Sentence examples for single ledger from inspiring English sources

Each single ledger entry among billions would need to be found and then individually "cracked" at great expense in time and computing, making the database as a whole very safe.

At a whole system level, the database is very secure, as each single ledger entry among billions would need to be found and then individually "cracked" at great expense in time and computing.

Increased efficiency: A single ledger that's continuously synchronized throughout a network eliminates the need for reconciliations.

AI, autonomous fleets and other new tech can alleviate some of the pain, but blockchain – a single ledger of undisputable data and history – could make transportation and logistics more efficient, streamlined and reliable.

For now, the first of a series of deadlines for potential splits in the blockchain — the single ledger of bitcoin transactions going all the way back to the first one in January 2009 held on thousands of computers around the world — looks like it will be averted.

In the simplest of terms, a blockchain is akin to a digitally distributed ledger that can be replicated and spread across many nodes in a peer-to-peer network, thereby minimizing the need for oversight and governance of a single ledger.

The camel market seemed to have its own written language, a private code understood by the camel sellers and a man in a booth who recorded all transactions in a single tattered ledger.

Well, that's the inevitable downside of a single global distributed ledger, right?

But unlike a traditional database, in which information resides in unique repositories across multiple partners and must ultimately be reconciled, the distributed blockchain database creates a single, shared digital ledger.

Loi: Bitcoin essentially laid the foundation for more complicated blockchain technologies like Ethereum, but the fundamentals are the same: it is a secure protocol for mutually untrusted parties to agree on a single (maybe distributed) ledger of transactions.

"We expect LedgerConnect to deliver enhanced efficiencies and economies of scale over single-purpose distributed ledger networks". It is still in early stages of development and test environments, he added.