Smart contracts: A piece of software that
runs on a blockchain platform and is programmed to automatically complete transactions based on specific circumstances.
Yet, there are no lawyers explicitly invited to advise on the smart contracts people are placing
on blockchain platforms such as Ethereum, and if there is a dispute it is solved by a lay panel of arbiters, which again may include no lawyers at all.
Altcoins that are pure cryptocurrencies are used primarily for peer - to - peer transactions and have no specific
use on a blockchain platform.
Cayman Islands — November 2, 2017 — StormX, the blockchain - powered adtech and gamified micro-task innovators, today announced two strategic partnerships with Kyber Network, a decentralized and trustless network that facilitates instant switching of crypto -
assets on blockchain platforms; and publicly - listed Global Blockchain Technologies Corp (TSXV: BLOC), an investment company providing investors access to a basket of holdings within the blockchain space.
The Commonwealth Bank of Australia (CBA) may issue a
bond on a blockchain platform by early next year, according to Sophie Gilder, the institution's head of blockchain.
Currently, the Monetary Authority of Singapore - the de facto central bank - spearheads a cross-border payment system concept built
on a blockchain platform called Project Ubin, in partnership with its Canadian counterpart.
I.e. much of what one sees labelled as smart
contracts on blockchain platforms such as Ethereum are very basic automated payment agreements, which although self - executing, and on one level are «contracts «as two parties have agreed to them, are in reality very far from the complex legal agreements that lawyers and corporates use, and upon which most business depends upon.
A secure p2p messenger
implemented on a blockchain platform and integrated into the DEEX system allows you to safely exchange information (messages, audio, and video communication), as well as directly manage your DEEX account thanks to a built - in multicurrency crypto wallet.
Once legal structures and technical capacity catch up with blockchain's often misunderstood hype, Buterin said there could someday even be
IPOs on blockchain platforms.
A fintech initiative has been taken by SEBI which has established an advisory committee for conducting
research on the Blockchain platform and other technologies making waves in the sphere of fundraising, asset management and post-trade settlement.
Those that want to add a personal touch can give virtual goods like CryptoKitties, a digital pet on one of the first games to be successfully
launched on a Blockchain platform.
Along with the growth in the number of new ICOs by the end of the year, there is expected an increasing number of
attacks on blockchain platforms,» the document says.
Blockchain Property Trader Says «Arizona and Colorado Are Next» After Vermont House Sale Real estate venture Propy has hinted it will begin trading properties throughout the United
States on its blockchain platform.
A development platform and community to create and distribute smart virtual goods on the blockchain
By implementing the blockchain into its already robust platform, the MiniApps.pro suite... Continue reading Technology Disruptor to Create Chatbot Marketplace on the Blockchain
In a recently completed pilot, Chicago's Cook County Recorder of Deeds tested the transferring of real estate
ownership on a Blockchain platform and how this would be conveyed into the public record.
Lawyers will have to figure out payment models for the smart contract firm — taking into account not only the value of legal expertise, but the technical value as well as related services such as hosting of dynamic
transactions on a blockchain platform.
In addition to its Blockchain solution for Vendor Financing, the bank has also partnered with Ripple for remittance - based solutions
built on the Blockchain platform.
The number of startups using and developing
products on blockchain platforms has exploded in the last few years, with Ethereum taking decentralization and security that is the core of blockchain technology and applying it towards almost anything that can be computed.
Additionally, it made news last year when JP Morgan decided to use
it on their blockchain platform to enhance Ethereum smart contracts.
Being built
on blockchain platform, they accept cryptocurrency like Ethereum and Bitcoin.
On March 7, Fujitsu announced the development of a technology that can be used to verify, in advance, the risks associated with smart contracts, programs which automatically complete transactions
on blockchain platforms.