The Benefits of Smart Contracts for Business

So far you’ve probably heard about revolutionary blockchain technologies and their many advances in modern world, especially when it comes to digital currencies such as Bitcoin and Ether. Along with these, two words we hear more and more often are smart contracts – new and promising way to ‘seal the

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What Are Smart Contracts and How Do They Work?

First proposed by computer scientist and cryptographer Nick Szabo in 1994, smart contracts are computer protocols designed to digitally facilitate and enforce the performance of a contract. Transactions made through smart contracts are credible, trackable and feasible without interference of third parties required in conventional contracts. The main idea behind

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