Sentences with phrase «known as smart contracts»

The main success of blockchain comes from a technology known as smart contracts.

Bitcoin is usually not considered the blockchain best suited for self - executing conditional payments, better known as smart contracts.

And once you can confirm the digital uniqueness and authenticity of the contract, you can progress to the next level of functionality — computable contracts, more commonly known as smart contracts.

Software that controls these payments is known as smart contracts today.

On Ethereum, tokens are also known as smart contracts that are intended to digitally facilitate, verify, or enforce the negotiation or performance of an agreement.

It is a group of 500 companies which all agreed to work together so they can learn, understand, and use Ethereum's blockchain technology or otherwise known as smart contract technology.

Not exact matches

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.

A smart contract, also known as a cryptocontract, is a computer program that directly controls the transfer of digital currencies...

Anytime a user wants to execute a smart contract or send ether to another user on the network, there needs to be confirmation and recordation of such event — such task is not executed by a centralized server or company per se, but by thousands (and growing) of computers around the world — known as Proof - of - work (PoW).

< br / > < br / > GoldMint will < br / > also deliver a utility token known as «MNT» to facilitate operations, implement < br / > smart contracts and incentivize block creation and transaction confirmation.

Young man growing as a self contracting electrican, few fetishes smart and know what I want in a woman

As to whether this matters to the development of smart contracts and legal blockchain technology the answer is: yes and no.

Smart contract pioneer Agrello has become the first dedicated legal tech company in the world to launch its own digital currency, known as Delta.

Systems like bitcoin utilize technology known as «blockchain» or distributed ledger technology, which can also assist companies in a wide array of transaction - related matters, including implementing escrow agreements and other so - called «smart contracts».

And there are real concerns about potential errors and the effects that bad updates might have on things like smart contracts as lawyers have to rely on programmers who know the tech but not the law to implement these programs.

Ethereum's code is open source and anyone can contribute and develop dapps on the platform using its unique smart contracts programming language known as Solidity, which is based on JavaScript.

Etherisc is most well known for its Flight Delay Dapp, an insurance for flight delays realised as a smart contract, which was live on the Ethereum main net for Ethereum developer conference Devcon 2016.

Aside from being simply a store of value and a medium of exchange, the digital protocol token known as Ether has the ability to execute smart contracts, or blocks of code designed to execute a wide spectrum of possible transactions.

Another portion goes to smart contract used to incentivize platform participation and voting, known as the «MVP vault.»

The DAO, also known as the Decentralized Autonomous Organization, was a complex smart contract which was going to revolutionize Ethereum forever.

The researchers observed how they downloaded 970,898 live smart contracts and tested them for security vulnerabilities using their proprietary software known as MAIAN.

ETHLend is additionally adding a function to tie Ether loans to fiat currencies to avoid volatility and allowing familiar loan agreements for everyone while keeping all benefits that separate blockchain technology from traditional banking: fast transactions across borders, transparency for all parties, and safety - by - design through self - executing contracts, known as «smart contracts.»

With smart contracts, Ethereum enabled its users and community members to create any type of decentralized applications any developer could possibly imagine, that way allowing all users and developers to make a profit through making these decentralized apps, otherwise known as Dapps.

As you know, Ethereum is one of the most significant coins in the world with a decentralized community that has no borders and where almost any sort of trading and doing business is possible through blockchain technology and smart contracts.

The team references the token as the version 2.0 of Minereum, which is well known in the crypto community for its concept of the first self - mining smart contract.