One benefit of blockchain includes its ability to harness the power of smart contracts. What is a Smart Contract? Although the term “smart contract” sounds like a legal instrument, a smart contract is ...

Many investors have come to accept that cryptocurrencies have a place in many portfolios. However, some don't understand the functions of cryptocurrencies beyond their use as a digital asset and ...

In a world where most of the infrastructure behind processes, applications, and agreements relies on centralized entities, smart contracts are a novel concept that fosters trust and removes the need ...

Founder and CEO of FortySeven Software Professionals, with over a decade of experience advising F500 companies and growth-stage startups. In the rapidly evolving landscape of technology and innovation ...

A smart contract is an application that uses blockchain and acts as a digital contract supported by a set of rules. Smart contracts are not considered contracts in the legal sense in most ...

Smart contracts are often mentioned in blockchain-themed patent applications and recited in claims. However, Examiners without a thorough understanding of this concept or unfamiliar with blockchain ...

Smart contracts are self-executing lines of code that run atop blockchains and are triggered once a set of predetermined conditions are met. They are used to automate the execution of online ...

Why do traditional supply chain processes need blockchain? Traditional procurement and supply chain processes can be manual, scattered, inefficient and complex. The use of blockchain in procurement ...

Since its introduction in 2014 the Solidity programming language has become the de facto standard to write smart contracts on the Ethereum blockchain network. Solidity is so popular that numerous ...

Following the first-ever public demo of enterprise blockchain company Chain's in-house smart contracts language this week, the venture-backed startup is now preparing to release the technology to the ...

A lawyer breaks down the existing legislation that determines whether smart contracts are smart, legally binding or a even contract at all. Updated Sep 11, 2021, 1:29 p.m. Published Jun 26, 2017, ...