Sentences with phrase «uses for smart contracts»

Now if you're talking about a different protocol / application to be used for smart contracts and such (i.e. not as a currency), then I get it.

Ethereum is the network and Ether is used for smart contracts and transactions.

The two key differences between Cardano and Ethereum are that Cardano uses a proof - of - stake (PoS) consensus algorithm and it also has two layers that are used for smart contracts processing and payment settlement.

It was designed to be used for smart contracts that execute when specific requirements are met.

Ethereum has introduced a layout which can be used for smart contracts using dispersed blockchains.

Not all cryptocurrencies are equal as some have specific use cases, for example, Ethereum is used for Smart Contracts and Ripple for cross-border payments between financial institutions.

So not only can blockchain technology be used as the foundation of cryptocurrencies like Bitcoin, Litecoin, and Ether, it can also be used for smart contracts, where it enables people to digitalize their assets in a relatively secure way.

Not exact matches

The use of the «smart contracts» created by blockchain technology allows for the irrefutable, certainty of the origin of any product produced or trader around the world.

VANCOUVER, April 4, 2018 / PRNewswire / - Etherparty Smart Contracts Inc. («Etherparty»), a Vancouver blockchain technology company, is excited to announce the Rocket Three for Free contest, which will offer three projects or startup companies the opportunity to win full use of Etherparty's cryptocurrency crowdfunding platform, Rocket, free of charge.

They can be used to exchange money or assets of value across multiple blockchains, used digitally to verify identifications through ICON blockchain ID, and as a vehicle for processing smart contracts.

Smart Token Chain (STC), a company that explores the use of blockchain for smart contracts, tokenization and other transactions, has announced tSmart Token Chain (STC), a company that explores the use of blockchain for smart contracts, tokenization and other transactions, has announced tsmart contracts, tokenization and other transactions, has announced the...

It is one of the most secure and easiest coins to use and gives users the ability to implement a customized blockchain for their own specific «smart contract».

Siacoin was created at MIT in 2013 and uses smart contracts for transactions between parties.

The idea of «programmable money» as the Superset team says on its website definitely sounds good and we can even see many potential real - world use cases for an easy - to - use tool for writing smart contracts.

ADA calls itself the first third - generation cryptocurrency and aims to tackle scaling and infrastructure problems that first cropped up in bitcoin, a first - generation cryptocurrency that introduced the idea of digital coins, and ethereum, a second - generation cryptocurrency that expanded use cases for coins to smart contracts.

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

Both rely on smart contracts, for example, and both can be used to develop functional, secure, decentralized applications.

Palmer noted that the smart - contracting capabilities of Ethereum aren't really being used for anything other than ICOs right now, and he «thinks that's really telling».

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.

For examples to do with cryptocurrency, someone might develop an app that lets you put a couple dollars on it in the morning, and will then micro-loan it out throughout the day to make a few cents» profit, using a system of smart contracts.

Among the points made by Wu during his presentation were the need for smart contracts, economic incentives for full nodes and stakeholders, and the use of extension blocks to bring experimental features to Bitcoin.

He shared examples such as eSports and trustless betting, where smart contracts are used to control wagered funds and then self - executes to distribute winnings without a need for an escrow agent, and tokenization of in - game money and items.

ERC20 describes an Ethereum token standard and is used for Ethereum smart contracts.

There are many more applications of blockchain currently being adopted by banks — Bank of America has filed numerous patents relating to using the technology for conducting and settling transactions; Deutsche Bank is trialling a corporate - bond platform that uses smart contracts to issue and redeem bonds; and DBS and Standard Chartered Banks are working on a trade - finance collaboration with Ripple to better track invoices and avoid invoice duplication.

The ICO will issue utility tokens, which can be used for platform services, such as purchasing subscriptions or running a smart contract.

ERC20 is a technical standard that's used for Ethereum smart contracts.

People use it for standard blockchain - related procedures, such as lifting a smart contract, but it also has the capability, technologically speaking, of being used as currency, in the way of fiat money.

Smart contracts can be used, for example, to send an amount of cryptocoins to another user on the first of every month.

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 platform is designed to create services for blockchain systems using self - executing smart contracts and a public data registry.

JoyToken, a platform and protocol that forms the foundation for a trustless gambling ecosystem wherein smart contracts are used to automatically determine game outcomes, has released a demo slot game to show developers how they can use its Ethereum - backed protocol to build games that incorporate smart contracts to execute game...

TEAM SHALL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, INCLUDING FOR LOSS OF PROFITS, GOODWILL OR DATA, IN ANY WAY WHATSOEVER ARISING OUT OF THE USE OF, OR INABILITY TO USE, OR PURCHASE OF, OR INABILITY TO PURCHASE, CTK, OR ARISING OUT OF ANY INTERACTION WITH THE SMART CONTRACT IMPLEMENTED IN RELATION TO CTK.

Other uses for blockchain technology platforms include facilitating real estate transactions, smart contracts, and even supply chain management.

RxEAL is a solution for eliminating a growing number of unfair withholdings of funds from the security deposit at the end of the rental agreement by providing an interface to engage in these activities using smart contracts requiring no technical knowledge.

AirSwap is a peer - to - peer trading exchange for tokens that uses a decentralized platform and smart contracts.

The company discloses < br / > its gold reserves, fostering the opportunity to buy back GOLD at its current < br / > trading price.GoldMint utilizes < br / > the decentralized blockchain for smart contracts and for its crypto assets.ETFs are used for < br / > liquidity and elasticity facilitating gold trades which are far faster than < br / > those of physical gold.Secured loans can < br / > be leveraged with GOLD, like jewelry or coins.

If that is the case, then it was smart for U.S. Silica to lock in customers with contracts that ensure those new facilities will be used.

Moreover, it offers an easy - to - use smart contract builder for fully customizable exchange transactions.

Let Endorphin Farms show you how using a qualified contract packer is the smart choice for your bottling needs!

The «SMARTTYS» I mean «SMART» one would ask government for the contract to use the buses for advertisement.

For example, Nevada is contracting with BenefitWallet, a subsidiary of Xerox that specializes in flexible spending accounts, to provide families with a way to use their ESAs via a website or smart - phone app.

It allows for you to arrange payments via digital assets and by using smart contracts similar to Ethereum and other currencies.

However, NEO shares other similarities with Ethereum too like they are both cryptocurrency projects that use open source technologies which makes them perfect for ICOs, smart contracts, and Dapps.

Blockchains can include smart contract functionality and can be used for complex commercial transactions involving multiple parties.

Beyond being a stand - in for money, other tokens and coins are used for their utility, like smart contracts on the Ethereum network.

New smart contract start - up, Jury.Online, is to create a system for crowd - sourced justice using members of the public to act as an «online jury», or lay arbitration panel, to rule on contractual disputes.

New smart contract start - up, Jury.Online, is to create a system for crowd - sourced justice using members of the public to act as an «online jury», or...

Similarly, the financial services sector can use smart contracts for its regular, complex business.

For example, in June 2016, the smart contract that was used for The DAO (decentralized autonomous organization; a sort of digital venture capital fund) was exploited to allow a user to siphon funds away from the organizatiFor example, in June 2016, the smart contract that was used for The DAO (decentralized autonomous organization; a sort of digital venture capital fund) was exploited to allow a user to siphon funds away from the organizatifor The DAO (decentralized autonomous organization; a sort of digital venture capital fund) was exploited to allow a user to siphon funds away from the organization.

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