Sentences with phrase «of running smart contracts»

This ensures unmatched efficiency and significantly reduces the cost of running smart contracts and making lightning fast transactions.

It is a decentralized platform, which is capable of running smart contracts and applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third - party interference.

Not exact matches

Smart contracts is what powers most of today's ICOs, but they also run various other Ethereum - based services and tools.

Another interesting way one could use smart contracts is running a decentralized autonomous organization (DAO) or a group of smart contracts with like - minded people.

The purpose of Ethereum is to become a platform upon which smart contracts and decentralised apps can run.

Gas is actually very important for Neo platform as this token serves the purpose of paying for running smart contract operations, which means that Gas is actually powering up smart contracts, which is one of the most important features that Neo has as a platform.

Ethereum is kind of this decentralized supercomputer where you can run these smart contracts, which has an infinite amount of potential use cases.

The prime objective of the platform is to run applications along with smart contracts.

Dopameme is an innovative decentralized platform project that uses smart contracts running on the Ethereum Network aiming to monetize memes, by unifying a community of creators, curators, and viewers.

Hundreds of applications are now built on Ethereum and a growing number of applications are using smart contracts run on the Ethereum blockchain.

On the creation of the new chain, the developers would have run a smart contract that would have returned all of the funds that the DAO was able to raise and give them back to the members who had funded.

«Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.»

The settlement layer will have a unit of account, while the control layer will run smart contracts and will be programmed to recognize identity, assisting compliance.

Assume — for the purpose of this post — that a smart contract is a computer program that automates parts or the entirety of an actual legal agreement and that instead of being deployed on a single computer or server, the code is distributed to, and runs on, a non-hierarchical network of computers (probably via a blockchain).

Technology built by Chain, Eris Industries, Ethereum, IBM and Intel were used to run smart contracts programmed to facilitate issuance, secondary trading and redemption of commercial paper.

SMART CONTRACTS: Software that runs on blockchain technology and can automatically enforce the terms of an agreement.

As a decentralized platform that runs Smart Contracts, Ethereum has become a significantly powerful shared global infrastructure that can freely transfer value and represent the ownership of property.

The brainchild of Slock.it, a startup in Germany, the DAO takes the form of a smart contract running on Ethereum, a public cryptocurrency blockchain similar to bitcoin.

The code that was developed for the (confusingly named) The DAO application was called a «smart contract,» and ran as a DAO application on top of the Ethereum blockchain.

Together, we will learn from and build upon the only smart contract supporting blockchain currently running in real - world production — Ethereum — to define enterprise - grade software capable of handling the most complex, highly demanding applications at the speed of business.

Building upon the only smart contract supporting Blockchain currently running in real - world production — Ethereum — the EEA defines enterprise - grade software capable of handling the most complex, highly - demanding applications at the speed of business.

In some cases, the token enables the holder to dividends and voting rights which are organized through smart contracts as part of a decentralized autonomous organization (DAO), a kind of robo - firm that is stored and run on ethereum.

Ethereum is a decentralised platform that runs smart contracts — applications that run exactly as programmed, without any possibility of downtime, censorship, fraud or third - party interference.

Transactions are registered on the blockchain and performed through smart contracts, bits of software that run on the blockchain.

- Leveraged AlphaPoint Distributed Ledger Platform (ADLP) across a range of use cases - Blockchain network converted FIXML messages to smart contracts - Ran simultaneously on Microsoft's Azure cloud and self - hosted hardware - Read the full article at NASDAQ

But every religion has its dissenters, and the conference began with a not insignificant network issue whereby all of the nodes running ethereum's most popular client (go ethereum) suddenly crashed upon executing a smart contract.

While bitcoin is content with remaining a standard cryptocurrency, giving users very little functionality beyond sending cryptocoins securely to each other, Qtum is building a platform capable of running decentralized applications and smart contracts.

Corporate support for the Enterprise Ethereum Alliance is gathering momentum, with 86 new companies adding their weight to the initiative to promote the uptake of Ethereum as the foundation for running smart contracts in Fortune 500 enterprises

This decentralized platform running smart contracts completely diminish chances of censorship, downtime, third party interference and fraud.

«We believe in the original vision of Ethereum as a world computer you can't shut down, running irreversible smart contracts.»

Ether tokens are the native coin and payment fuel of Ethereum, the decentralized blockchain platform to run smart contracts not operated by any institutionalized bank or government.

And I believe more exploitable flaws have been found by now, some of which could also be attributed to Ethereum's Virtual Machine itself, rather than just an application running as a smart contract... There probably is no easy way out.

Localethereum runs its service on the Ethereum blockchain and takes advantage of smart contract systems to run escrow.

Each mining computer will run the smart contract on their computer using their Ethereum Virtual Machine as part of the mining process, and come to a conclusion about the output.

The small computer programs being run are called smart contracts, and the contracts are run by participants on their machines using a sort of operating system called a «Ethereum Virtual Machine».

However, once an execution of smart contract code is kicked off, it generally runs as fast as the node can process it

I had been researching the legal implications of blockchain technologies for over 2 years already, focusing mostly on the new opportunities provided by Ethereum and smart contracts, and I was particularly fascinated by the ability to deploy software on the blockchain that runs autonomously and can no longer be shut down, or controlled by anyone.

Smart contracts: A piece of software that runs on a blockchain platform and is programmed to automatically complete transactions based on specific circumstances.

A year later, Buterin released a whitepaper that described smart contracts running on a decentralized application platform, a concept that would transform blockchain technology into a tool of distributed consensus.

Other companies have pounced on the lucrative potential of smart contracts by offering similar platforms that make up for the inherent shortcomings of the technology that Ethereum runs on.

The network has been able to dramatically increase the scalability of the blockchain by creating sidechains for each DApp — which they call a DAppChain — and it can run side - by - side with Ethereum smart contracts.

A number of companies have already begun working on alternatives that supply smart contracts to businesses that do not actually run on the blockchain.

Smart contracts are code running on (usually) public blockchains, like Ethereum, and can offer the functionalities of securities more cheaply and more transparently than public securities — or even more privately, when encrypted on the blockchain (Oraclize.it encrypted queries) and able to disclose different information to different types of investors.

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third - party interference.

«Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.»

Agrello, a legal technology startup developing «smart agreements» on the basis of AI orchestrated smart contracts today announced its plans to run its system on the Ethereum blockchain ecosystem while still remaining compatible with other blockchain stacks.

TokenGen features a simple step - by - step process that allows the user to generate a smart contract package containing all of the code necessary to deploy a token on the Ethereum network and then run a crowdsale in order to sell it to interested parties.

The Contracts screen allows you to run smart contracts — creating new tokens or adding existing ones to the list of availablContracts screen allows you to run smart contracts — creating new tokens or adding existing ones to the list of availablcontracts — creating new tokens or adding existing ones to the list of available tokens.

Launched in 2015, Ethereum has some cutting - edge features like smart contracts and distributed an application that runs without any downtime, reduce the risk of fraud or interference from third party and secure platform for trading.

This book outlines the specifications for the Ethereum virtual machine (EVM), which handles the state of the ledger and runs smart contracts.