Sentences with phrase «use of smart contracts»

This new innovation will allow health and fitness clubs to gain more control over day to practices and providing added benefits to club owners through use of smart contracts.

Essentially, all the applications built on the Ethereum blockchain make use of smart contracts.

A core issue plaguing current use of smart contracts is that although the contracts are public — visible to all — bugs and security holes can not be fixed quickly.

Use of smart contracts facilitates transfer of titles automatically, by means of tech rules once funds are transferred.

For example, despite the belief that ethereum could come to be one of the more important public blockchains through its novel use of smart contracts, its startups have yet to attract significant funding.

Ethereum, the popular blockchain network famous for its ether cryptocurrency and revolutionary use of smart contracts, may be making a major shift.

A key strategy for broadening use, knowledge and familiarity is thus to bring together multiple parties, all of whom can make use of smart contracts or link to them in some way.

The demand for Ethers will always be on the rise for as long as it allows blockchain startups raise funds for their projects through the use of Smart Contracts in Initial Coin Offerings

ShelterZoom will enable people to make and accept offers on real estate via the use of smart contracts, which will eliminate the tediousness of paperwork and improve the transparency of buying and selling.

It aims to address issues in the use of smart contracts for business supply chains, as well as looking at privacy and safety for companies using the blockchain to make business records uneditable and to move processes online.

As outlined in their whitepaper, the next stage of action will be to create the settlement system whereby it will be ensured that the funds will be secured through the use of smart contracts.

The primary aim of NEO is to become a digital, decentralized and distributed platform for non-digital assets through the use of smart contracts (see below for a more detailed look at smart contracts).

It completely automates trade with the use of smart contracts and its own delivery application.

Another important factor that sets Neo apart from bitcoin is the use of smart contracts, best explained using a real - world scenario:

Being a P2P platform, StreamDesk facilitates direct transactions between individuals, while its security is guaranteed due to a KYC policy and that use of smart contracts.

• It supports businesses with aspects of transfer of their traditional agreements via the use of smart contracts.

It contemplates the use of smart contracts build on Ethereum to facilitate the purchase of accounts receivable in order to finance small or medium enterprises.

Does this impact the companies and consortia of law firms exploring the use of smart contracts placed on a blockchain, of which there are now several?

To conclude, while the news from China may be terminal for ICOs there, we should not conflate it with an end to the move to develop legal blockchain technology and the use of smart contracts.

The research aims to investigate the causes of sales tax non-compliance and examine how blockchain could tackle current problems with the use of smart contracts, recording real - time transactions and automatic tax submission to the Canada Revenue Agency, as well as look into the pros and cons of using blockchain for stakeholders (such as the CRA and taxpayers).

This is a guest by Bond Dickinson partner Nick Barwood and legal director Malcolm Dowden about the use of smart contracts and the firm's participation in the groundbreaking Accord Project consortium.

The Accord Project has been created to help share ideas and agree on norms for the use of smart contracts in the legal sector (see story here).

While New York - based Clause has pioneered the use of smart contracts, whether on - chain or off, without broader acceptance then the technology may have limited impact.

In a previous article, I articulated a distinction between smart contract code - a program or script executed on a blockchain - and smart legal contracts, the use of smart contract code to define and enforce a legal agreement.

Today the market offers many platforms that allow for the use of smart contracts, but Ethereum remains one of the most widespread.

Another important factor that sets Neo apart from bitcoin is the use of smart contracts, best explained using a real - world scenario:

The primary aim of NEO is to become a digital, decentralized and distributed platform for non-digital assets through the use of smart contracts (see below for a more detailed look at smart contracts).

The use of smart contracts also allows the platform to run autonomously, removing middleman fees and dangers while also allowing the lenders to stay anonymous.

The use of smart contracts is tied to cryptocurrencies: they can not order payments to bank accounts in euros, dollars or pounds.

NEO is the use of blockchain technology and digital identity to digitise assets, the use of smart contracts for digital assets to be self - managed, to achieve «smart economy» with a distributed network... NEO will be committed to the development of its ecosystem, providing mature development tools, improving development of documents, organising education and training activities, and providing financial support.»

At present, the use of smart contract - enabled distributed ledgers are the best way to introduce this automation, making them an attractive area of focus for financial institutions.»

Prediction: «The crisis of legitimacy of democracy (as evidence by the recent U.S. election) will accelerate the development and sandboxing of new e-voting systems and new platforms for accountable democracy emphasizing the use of smart contracts.»

Besides the administration being done in a decentralized ledger, with the use of smart contracts, one could guarantee the payment from the investor to the customer in case the event for which the customer posted their insurance demand happens.

DeepTokens will be the currency of the IPX, facilitating all transactions between buyer and seller through the use of smart contracts.

Another neat aspect of blockchain that applies to sports betting is the use of smart contracts.

It completely automates trade with the use of smart contracts and its own delivery application.

The startup aims to do so through the use of Smart Contracts that act as autonomous trust agents and govern all transactions.

Being a P2P platform, StreamDesk facilitates direct transactions between individuals, while its security is guaranteed due to a KYC policy and that use of smart contracts.

Implementation of blockchain technology will allow more people around the world to access funds when they need it, and the use of smart contracts will ensure that repayment is enforced.

For digital assets to be self - controlled and manageable there is a use of smart contract to achieve objectives «smart economy» with a blockchain network.

Connectius is a blockchain - based SaaS solution for e-commerce that allows companies to decrease their e-commerce-related losses due to the actions of dishonest customers during chargebacks or non-card-based transactions through the use of smart contracts.

With the use of smart contracts and other technology involved helping to revolutionize the digital currency industry, Ethereum looks like it will continue to grow.

The use of smart contracts and an in - browser cryptography makes it easy to convert ether for fiat currencies rather than depend on doubtful intermediaries.

The blockchain provides security and transparency even through the use of smart contracts.

It goes without saying, the use of smart contracts will be key in implementing such technology.

Through the use of smart contract technology payments are secured over a revolutionary trust system that analyzes the reputation of all parties, assigning an algorithmic trust rating to each party.

The technology behind the Lightning Network will allow for the use of smart contracts in order to establish payment channels.

Through the use of smart contracts, it aims to provide secure and transparent lending where borrowers can use cryptocurrency assets as collateral for loans.