What Are Smart Contracts Quora

The place to gain and share knowledge empowering people to learn from others and better understand the world. What are some ways blockchain smart contracts can improve government.

How Will Blockchain Smart Contracts Affect The Legal Profession Quora

Two key features of smart contracts are that there are no standards and that once they are deployed they are irrevocable.

What are smart contracts quora. Quora top writer quora top question writer. Why many smart contract use cases are simply impossible. Key features of smart contracts.

With smart contracts you can share anything of value among strangers in a conflict free transparent way. Smart contracts often created by computer programmers through the help of smart contract development tools are entirely digital and written using programming code languages such as c go python java. Greenspan discusses blockchain enabled smart contracts and why this application of the technology may be suffering.

While a few highly specialized distributed financial services use cases for blockchain have appearedfor example payment ledger services for the yangon stock exchange in myanmar. Smart contract creator includes sagewise sdk in their smart contract. The place to gain and share knowledge empowering people to learn from others and better.

Originally appeared on quora. Smart contracts are where the rubber meets the road for businesses and blockchain technology. Why are smart contracts important.

Why are smart contracts important. This can be thought of like an arbitration clause in a traditional contract. Its services on top of blockchain that are really interesting.

12 use cases for business and beyond lester coleman 10122016 banking bitcoin blockchain investments blockchain news news smart contracts smart contracts can automate many different kinds of processes and operations the most obvious being payment and actions conditional on payment. Coo of crowdsourced content startup infobitt. Mentor plug and play bitcoin accelerator alchemist and caltech flow.

Originally appeared on quora.