Sentences with phrase «in the smart contract if»

If this were the case then the money would be tied up in the smart contract if the two parties could not agree on the outcome of the bet.

Not exact matches

But most proponents think everything will be worked out in due time, and that in the next few years, blockchain and its smart contracts would improve our lives, even if it operates quietly in the background, invisible to most people.

If Bitcoin, in its evolution, acquires more compelling utility — making cross-border payments cheap and fast, for example, or enabling «smart» contracts that encode business relationships and automatically disburse payments — those who own stakes in the finite currency could find other would - be users, possibly even deep - pocketed corporations, clamoring to buy from them.

If blockchain could be fully implemented across these parties, many of these attributes could be included in a smart contract, thus becoming a pre-trade requirement to execute an order rather than a downstream, post-trade check that requires multiple parties to agree.

In practice, this means that the protocol tokenizes real - world assets and uses ethereum smart contracts to ensure that investors can execute trades only if they satisfy pertinent regulations, such as know your customer (KYC) and anti-money laundering (AML) requirements.

«Additionally if these estcoins are issued on top of a blockchain (they could possibly be issued in multiple formats at the same time, nothing wrong with this) then it would become easy and convenient to use them inside of smart contracts and other applications,» Buterin said in his blog post.

If you want full blocks, empty blocks, or no blocks at all with IOTA, if you want smart contracts or simple multi-sig scrypt, Lightning Network or Raiden, Rootstock or the EON lot, you can have what you want in the great cryptocurrency amazoIf you want full blocks, empty blocks, or no blocks at all with IOTA, if you want smart contracts or simple multi-sig scrypt, Lightning Network or Raiden, Rootstock or the EON lot, you can have what you want in the great cryptocurrency amazoif you want smart contracts or simple multi-sig scrypt, Lightning Network or Raiden, Rootstock or the EON lot, you can have what you want in the great cryptocurrency amazon.

If you evaluate and research the whole crypto market, you will realize the most potential in this space is in the smart contract platforms...

The additional 50 million tokens will be placed into a smart contract, with 25m tokens being released to the Celsius Treasury only if the CEL Token price in the secondary market remains above an average of $ 1.50 for ten (10) days (meaning the price of CEL has increased 5x from the time of the Crowdsale).

The company will provide assistance in the creation of these smart contracts if needed.

If that is the case, then it was smart for U.S. Silica to lock in customers with contracts that ensure those new facilities will be used.

Also, it's made me smarter by learning that goes into creating a book, so if and when I get that offer, I have more knowledge on my side about what they are asking of me in that contract rather than just be happy to get an offer at all.

Courts have often been reluctant to enforce such contracts — U.S. law at present is particularly unfocussed — and if the customer is seen to be prejudiced by the «smart» elements of the contract, courts may give remedies even in the face of automated execution.

The backlash against blockchain - based digital currencies is now in full swing and understandably may make some worry if advances in legal blockchain and smart contracts will be affected.

If such provisions require firms to utilize blockchain technology such as smart contracts on certain types of matters, firms must ensure they have the appropriate technology and administrative solutions in place to comply.

In principle, any contract provision can be made «smart», essentially by being reduced to an «IF / THEN» statement where the input of specified data triggers an agreed result, such as release of a payment.

«I'm sure they have smart lawyers going word by word through every clause of his contract in search of anything that could amount to a significant violation,» said Aaron, adding that boilerplate is «the kind of amorphous language you could go after if you wanted to.»

«If we're going to represent all of these things using smart contracts, and we're going to mimic the same properties that we have in the corporate...

For instance, if several artists or developers are involved in the creation of a model or application, they can set up a smart contract that will automatically distribute dividends between them every time a customer purchases or rents their content.

Given the problems with smart contracts mentioned above, there's ample interest in developing ways of determining if the technology is secure before it's deployed.

Smart contracts are IF / WHEN / THEN agreements executed autonomously in timely manner on the Ethereum blockchain in order to exchange money, transfer property between contracted parties, render services for money or any other possible transaction of worth.

For example, using Altcoin Exchange's tech, developers can lock ether tokens in an ethereum smart contract that specifies the funds will only be sent if an equal amount of bitcoin is sent to a bitcoin address during a specific time window.

Even if Geth nodes are no longer crashing completely, however, it has resulted in an overall slower network, making ethereum less available to anyone who want to spin up a smart contract or send a transaction.

If you want full blocks, empty blocks, or no blocks at all with IOTA, if you want smart contracts or simple multi-sig scrypt, Lightning Network or Raiden, Rootstock or the EON lot, you can have what you want in the great cryptocurrency amazoIf you want full blocks, empty blocks, or no blocks at all with IOTA, if you want smart contracts or simple multi-sig scrypt, Lightning Network or Raiden, Rootstock or the EON lot, you can have what you want in the great cryptocurrency amazoif you want smart contracts or simple multi-sig scrypt, Lightning Network or Raiden, Rootstock or the EON lot, you can have what you want in the great cryptocurrency amazon.

«If there's going to be usage and volume by their members in this new context, we would want those members to be able to use the Swift network to make payments from the smart contracts,» said Nazarov, adding:

If a user is unable to make the proper transaction on the blockchain in a certain amount of time, their counterparty may be able to take control of bitcoins tied up in the smart contract between the two parties.

Similarly, if you want to create, deploy and interact with smart contracts, you'll also need to use MyEtherWallet in conjunction with your hardware wallet.

If a number of big players on the network all fail at once, all of the counterparties connected to those nodes will need to settle their smart contracts on - chain in a timely manner.

«If you want to write a smart contract in NEO and do fundraising, you can follow the guidance to make sure everything is lawful,» Hongfei explained.

If [one] wallet transaction in the smart contract fails, all transactions before that will be reversed, but on Coinbase, these transactions will not be reversed, meaning a person could add as much Ethereum to their balance as they want.»

The company will provide assistance in the creation of these smart contracts if needed.

If your funds are on the Ethereum blockchain, you could write a smart contract that would allow you to free the funds if one person in your trio disappeareIf your funds are on the Ethereum blockchain, you could write a smart contract that would allow you to free the funds if one person in your trio disappeareif one person in your trio disappeared.

Basically, if it involved words like «smart contracts» or «digital assets,» Jobanputra likely invested in it or a project doing something similar.

You would think that a guy who has been working on smart contracts for this long would have seen more of the benefits behind something like Ethereum, but that isn't the case for reasons I'll reveal in this post... If anything my experience has only made it easier for me to dismiss it.

A lawmaker in Florida has introduced a bill that, if passed, would create a legal foundation for blockchain data and smart contracts in the U.S. state.

If you're interested in blockchain networks, you've probably heard of «smart contracts» — programs that can control on - chain resources using custom logic executed as part of blockchain validation.

We could have written a for loop that loops through all the players added so far and exits the program if a duplicate is found, but as we explained in our gas guide, that's expensive and better done outside the smart contract or not at all.

If you're interested in programing smart contracts on Ethereum, you might want to learn the language Solidity.

Smith added that, «an obvious prediction is that the digital currency with the best features will win in the marketplace,» suggesting that the prospects for Ethereum would be strong if it can leverage a unique feature like smart contracts.

Take a cryptocurrency course if you are an entrepreneur who wants to invest in the long - term or use smart contracts of Ethereum for investing in an ICO.

Distributed Ledger Technology ™ is powered by smart contracts, which came along for the hype ride, even if adding immutable scripts so you couldn't fix bugs in your simplified version of Git is obviously stupid.

«Project elaboration data, if presented in an ERP system and stored in a distributed manner, provide token owners with all essential information to make their own decision on allocation of funds that are aimed for development, and transfer the those via «smart contract» with execution subject to a certain metric or result.»

Yet, even if the consensus change isn't activated in the next eight months, Lau noted that there is another «less elegant» way of bypassing the transaction malleability problem and thus adding support for MAST - a move that could help place bitcoin back in the broader smart contracts conversation.

Similarly, if the network does not have viable security features, the smart contracts on that platform may be compromised by cyber criminals or bugs in the network.

It could be designed in such a way that if the GPS reaches an intended destination, then the smart contract automatically pays out to another user whose GPS made the same trip (in theory, the driver).

«If 1 of the internal transactions in the smart contract fails all transactions before that will be reversed.

«If we're going to represent all of these things using smart contracts, and we're going to mimic the same properties that we have in the corporate world using smart contracts, then it's very important that we do it in a way that is compliant with today's laws and today's policies.»

«We expect that it will take some time, just like the trajectory of Bitcoin, before you see smart contracts being utilized to their full potential... If these cryptocurrencies (bitcoin and ether — CoinFox) continue to grow in value, you will see smart contract uses grow in tandem,» CoinJournal quotes Trevor Altpeter.

A smart broker / agent if they even chose to agree to such a thing would have a contract in writing that says properties sold in year 2018 1 - 5 are XX commission, 6 - 10 XX commission, 11 - 15 etc..

In addition, if a buyer has a contract to purchase a property at below - market value, Montegra's Smart Buyer Loan Program will increase hte LTV to fund up to 85 % of the purchase price.