Provably fair systems rely on cryptographic techniques that allow users to verify outcomes independently. In blockchain-based ...

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 ...

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 ...

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 ...

The Ethereum network brought smart contracts into the blockchain space, making concepts like decentralized finance (DeFi) possible. Smart contracts can automatically execute processes once certain ...

Since its introduction in 2014 the Solidity programming language has become the de facto standard to write smart contracts on the Ethereum blockchain network. Solidity is so popular that numerous ...

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