Sentences with phrase «current use of smart contracts»

Not exact matches

The company discloses < br / > its gold reserves, fostering the opportunity to buy back GOLD at its current < br / > trading price.GoldMint utilizes < br / > the decentralized blockchain for smart contracts and for its crypto assets.ETFs are used for < br / > liquidity and elasticity facilitating gold trades which are far faster than < br / > those of physical gold.Secured loans can < br / > be leveraged with GOLD, like jewelry or coins.

The research aims to investigate the causes of sales tax non-compliance and examine how blockchain could tackle current problems with the use of smart contracts, recording real - time transactions and automatic tax submission to the Canada Revenue Agency, as well as look into the pros and cons of using blockchain for stakeholders (such as the CRA and taxpayers).

According to Thomson Reuter's website, one example usage scenario is the «[i] nclusion of current market prices as triggers for smart contract execution — foreign exchange rates can be used within smart contracts that drive supply chain risk management logic.»