Examples of using Distributed ledger in English and their translations into Thai
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Distributed Ledger Technology.
Blockchain or Distributed Ledger.
How can Corda disregard the medium and consensus from the distributed ledger?
A blockchain is a distributed ledger of trusted transactions- a database.
Fujitsu is one of the most proactive technology companies in blockchain and distributed ledger technology.
Join a network strengthened by distributed ledger technology and the security of Visa.
Decentralized control refers to the use of the blockchain transaction database in the role of a distributed ledger.
Instead, it uses distributed ledger consensus which is based upon a network of verification servers and tokens called XPR.
The financial services industry spends $1.7 billion annually on distributed ledgers, according to researcher Greenwich Associates.
The Commission first announced the initiative last spring, citing its desire to expand institutional knowledge of blockchain and distributed ledger technologies.
He also mentioned the Blockchain and distributed ledger technology, specifically that it has a wide range of applications from charities to banking.
So what if there were not only an internet of information, what if there were an internet of value-- some kind of vast, global, distributed ledger running on millions of computers and available to everybody.
A consortium of Japanese banks is planning to use distributed ledger technology better known as blockchain from a Google-backed fintech start-up to make domestic and international payments.
For the first time the UK's financial regulator, the Financial Conduct Authority, is directly recognizing the potential of blockchain-related startups by giving sandbox-access to 11 blockchain and distributed ledger technology-related companies.
The company hopes to further consolidate its role in upgrading Distributed Ledger technologies with the launch of its latest enterprise blockchain offering.
In its essence, blockchain is just a distributed ledger. As opposed to common paradigms where there is a central trusted authority to control things, blockchain provides a network where there is no single point of power. There is no need to“trust” anyone because the system itself makes it almost impossible for anyone to take control. This decentralization is what makes it so powerful and appealing to the common people.
However, Fujitsu has launched a new platform that allows companies to see if their distributed ledger plans will deliver commercial benefits in just five days.
Although the Bank has concluded that Distributed Ledger Technology(DLT) is not yet mature enough to provide the core for the next generation of RTGS, it's a high priority on ensuring that DLT as and when it is developed in the wider sterling markets,"- BoE stated.
Generally, the FinTech trend in this category is more on the relationship between financial institutions. The consumer might not need to deal with Blockchain or Distributed Ledger directly, but will benefit indirectly in terms of reduced fees and transaction time.
The latest“Project Jasper” blockchain trials have shown that distributed ledgers are effective at automating securities settlements in real-time, according to Bank of Canada and two partners on the“integrated securities and payment settlement” project.
If the CMB token and its operating platforms like the Creatanium Wallet or CMBDEX constitute the financial backbone of PLMP Fintech's ecosystem, the core of the firm's business since the early days is the latest Distributed Ledger Technology with special focus on the creation of a customised blockchain platform.
Recently, the Chinese government issued a statement regarding Distributed Ledger Technology or DLT and reviewed the benefits of Blockchain for its usage in national organizations.
Ripple operates on a system called DLT or Distributed Ledger Technology. This system performs as ledger instead of a blockchain. The word‘consensus' in the protocol name bears a lot of weight because if a transaction will not get an approval from all the validators who will verify the process, it will not be carried out.
Described as an“extremely fast blockchain product framework for customers seeking or refining digital transformation projects based on distributed ledger technologies,” the platform reduces the time and cost of both new development and the optimization of existing blockchain projects.
The new processing technology such as Blockchain or Distributed Ledger comes in to fill the gap. When everyone can access a credible source of information and able to verify its authenticity without the intermediary acting as a ledger, the time and expense will be much decreased.
The Bank of England(BoE) is testing a blockchain system that will affect the processing of payments. As it became known, the central Bank of England intended to apply the distributed ledger technology(DLT) to the real-time gross settlement(RTGS) mechanism. All this is done to find out how new technologies may extend the functionality of the service.
The“trustless” system of value transfer brought by cryptocurrencies also allows us to be sure of the veracity of any important data, not just money. The unalterable consensus mechanism that confirms the veracity of data stored on ledgers distributed around the world, enables the tamper-proof, universally agreed upon data-sets that are essential for the transformation to a fully digital world.