Blockchain and Corporate: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Standardise link to BBC.)
 
imported>Doug Williamson
(Add links.)
 
Line 1: Line 1:
1.
1. ''Noun''.  


A distributed, secure database of transactions, also known as 'distributed ledger technology' which may complement or replace the use of database and file transfer software used in the software systems in use by corporate treasuries.
A non-financial business organisation usually, but not always, being a [[company]] (''US:'' [[corporation]]).




2.
2. ''Noun - banking''.  


A database using distributed ledger technology (blockchain) which can be used for cryptocurrency transactions.
A bank customer which is a non-bank business, and not a private individual.




3. ''Adjective''.


<span style="color:#4B0082">'''''Blockchain defined'''''</span>
Relating to a large organisation, often a profit seeking organisation (including banks and other financial institutions).


:"At its heart, blockchain is a relatively straightforward concept. It is a ledger of blocks of information, such as transactions or agreements, that are stored across a network of computers.
:This information is stored chronologically, can be viewed by a community of users, and is not usually managed by a central authority such as a bank or a government. Once published, the information in a certain block can't be changed.
:If people try to tamper with that information, it becomes obvious."


:[https://www.bbc.com/news/business-45919700 ''BBC business news:'']
4. ''Adjective''.


 
Relating to the more formal (or even bureaucratic) aspects of large profit seeking organisations.
Cryptocurrencies such as Bitcoin may require blockchain technology but the use of blockchain does not require the involvement of Bitcoin.




== See also ==
== See also ==
* [[Bank]]
* [[Business]]
* [[Company]]
* [[Corporate bond]]
* [[Corporate finance]]
* [[Corporate governance]]
* [[Corporate plan]]
* [[Corporate Services Price Index]]
* [[Corporate social responsibility]]
* [[Corporate treasury]]
* [[Corporate treasury]]
* [[Corporate treasurer]]
* [[Corporate treasury]]
* [[Corporate trustee]]
* [[Corporation]]
* [[Financial institution]]
* [[Infrastructure]]


* [[Bitcoin]]
[[Category:The_business_context]]
* [[Cryptocurrency]]
* [[Daisy chain]]
* [[Distributed ledger]]
* [[Fintech]]
* [[Ripple payment protocol]]
* [[SWIFT gpi]]
 
 
===Other links===
[http://www.treasurers.org/node/10047 Peer Pressure, The Treasurer, April 2014]
 
[[Category:Technical_skills]]
[[Category:Treasury_operations]]

Revision as of 21:55, 3 September 2022

1. Noun.

A non-financial business organisation usually, but not always, being a company (US: corporation).


2. Noun - banking.

A bank customer which is a non-bank business, and not a private individual.


3. Adjective.

Relating to a large organisation, often a profit seeking organisation (including banks and other financial institutions).


4. Adjective.

Relating to the more formal (or even bureaucratic) aspects of large profit seeking organisations.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Blockchain&oldid=11665’