Sentence examples for ledger system from inspiring English sources

Blockchain is a decentralized ledger system that stores data in encrypted, time-stamped blocks.

Most proponents would summarize blockchain as a decentralized, immutable, programmable ledger system.

Prior to the implementation of KFS, shares were calculated by the legacy general ledger system.

I also did an extra-credit project to program the general ledger system for the high school's extracurricular program.

Homes have been purchased with Bitcoin, which leans heavily on cryptography and a public ledger system called the blockchain.

It provides decentralized consensus through a ledger system allowing the agents within the ecosystem to participate in it.

Because the general ledger systems differ, neither campus can post transactions directly to the others' accounts.

As new blockchains and other distributed ledger systems proliferate, the result is kind of like a petri dish full of bacteria.

Earlier this year, class action litigation resulting from the acquisition of Dole Food Company ("Dole") forcefully demonstrated the potential failings of centralized ledger systems and provided an excellent example of one of the many applications of blockchain technology.

Mutual distributed ledger systems have the potential to provide us with identity and activity management, even permitting us to make a market selling information about ourselves, taking control and cash back from companies like Equifax and Yahoo and giving it back to ourselves.

As decentralized ledger systems, of which Bitcoin is the largest, most rely for their security on an approach known as "proof of work". About every 10 minutes, Bitcoin releases new currency in exchange for successfully solving computational problems that verify a "block" of transactions.