Smart contracts allow users to transfer and exchange money or
properties in a transparent way, while avoiding the services of a middleman.
Not exact matches
The company should be commended for rolling out these changes
in a completely
transparent way: it has advertised the changes across its
properties, and given users over a month to review the changes prior to them taking effect.
Thanks to the Bitcoin protocol (crucially distinct from bitcoin, the currency it underlies), for the first time
in history it is possible to transfer
property rights (such as shares, certificates, digital money, etc.)
in a fast and
transparent way, which can not be forged.
«By building a Blockchain - based
property registry and taking full advantage of the security provided by the Blockchain technology, the Republic of Georgia can show the world that we are a modern,
transparent and corruption - free country that can lead the world
in changing the
way land titling is done and pave the
way to additional prosperity for all.»