One benefit of blockchain includes its ability to harness the power of smart contracts. What is a Smart Contract? Although the term “smart contract” sounds like a legal instrument, a smart contract is ...

The Commodity Futures Trading Commission’s LabCFTC recently released “A CFTC Primer on Smart Contracts” as part of LabCFTC’s effort to engage with innovators and market participants on a range of ...

CFOs and finance departments are always looking for reductions in cost and increases in speed and efficiency in business engagements. One option that’s attracting more attention is the smart contract.

The insurance industry is on the verge of a monumental shift, driven by the integration of blockchain technology and smart contracts. Bob Brzyski For life and health insurance agents and agency owners ...

We’ve been told again and again how cryptocurrencies are going to change the world. They’ll end the power of national banks, break down financial barriers and ease international trade. It hasn’t quite ...

A smart contract is an application that uses blockchain and acts as a digital contract supported by a set of rules. Smart contracts are not considered contracts in the legal sense in most ...

Cointelegraph's Jackson DuMont tackles smart contracts in the latest episode of Cryptopedia. He explains how smart contracts work from the basics and provides examples of how they can be utilized in ...

An application on Ethereum, Solana or other programmable blockchain. Smart contracts mostly govern financial arrangements; for example, they enable new cryptocurrencies to be established, and they ...

In a world where most of the infrastructure behind processes, applications, and agreements relies on centralized entities, smart contracts are a novel concept that fosters trust and removes the need ...

Whether it is due to layers of middlemen or archaic practices, consumers and businesses suffer from unnecessarily high transaction costs in a wide range of legacy businesses, from insurance sales to ...

In a centralized system, stopping an attack can be as easy as flipping a switch. However, with decentralized setups like ...