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A smart contract is a self-executing computer program with the terms of the agreement written directly into lines of code. It is stored and replicated on a blockchain network. Smart contracts enable ...
What’s the utility of a so-called ‘smart contract’ if its enforceability in traditional legal systems is a grey area? Most would agree that thorny questions such as this pose a major constraint on the ...
Professor Michael Mainelli is executive chairman of Z/Yen Group and principal advisor to Long Finance. Bob McDowall is an Associate of Z/Yen and additionally chairman of the policy and finance ...
Smart contracts are talked about quite a lot. What is often ignored, however, is their safety. On one hand, we have self-executing mechanisms that don’t require mediators. On the other, it takes one ...
A big part of that is “smart contracts,” a revolutionizing aspect of this technology that automates trust and takes greater steps towards transparency, which can help with execution of supplier ...