Regulators will be challenged to respond to and address smart contracts, as they represent a cross section of law and technology.
Smart Contracts News
What is a smart contract? Essentially, a smart contract is a decentralized method of confirmation or agreement. Parties can create a smart contract on a blockchain that requires a certain number of digital signatures before an action is carried out or funds are paid, thus removing third-party involvement. Entities can set up smart contracts to fit specific parameters and requirements. Nick Szabo is the father of smart contracts, originating the concept in the 1990s.
When it comes to a smart contract, Ethereum is often one of the main blockchains mentioned. Smart contract examples and use cases range from monetary transactions to supply chains, voting and much more. Different smart contract programming languages can apply, depending on the use case at hand.
A decentralized project is building nonfungible tokens that can store other NFTs and get them to work together and take actions, even on smart contract-free blockchains.664
“The Arrington Algorand Growth Fund represents yet another key strategic pillar in supporting the momentum of those building on top of what we think is the best technical platform for regulated DeFi and the future of finance,” said Sean Ford, COO of Algorand.10734
A privacy-enabled blockchain platform delivers high levels of scalability and the ability to tokenize data, unlocking a plethora of powerful use cases.5912
Hybrid smart contracts will change the world by revolutionizing the legal system that exists today.23616
With the gig economy booming, a decentralized jobs site wants to rethink the way job providers and freelancers meet.4753
The Dfinity Foundation has launched a fund of around $223 million to support development on its decentralized Internet Computer network.17190
One blockchain security firm says its audit of the SafeMoon smart contract has unearthed a potential $20 million vulnerability within the viral meme coin.29005
The number of Cardano millionaires has gone up 1,2341.34% this year, according to Coin Metrics data.54094
Cardano’s ERC-20 converter tool with built-in two-way convertibility will soon be open for beta testing.35168
Ernst & Young is investing $100 million into targeting enterprise DeFi with its latest suite of Blockchain Analyzer products.15313
ADA's price crashed the last time its futures open interest reached $1 billion, leading traders to question whether or not it is about to happen again.132171
The difference in ICP rates across multiple crypto exchanges was as high as $2,500 at one point.75547
With a value of nearly $58 billion, ADA has flipped Tether in the market cap rankings.61573
QTUM price hit a 3-year high above $35 as the team's focus on DeFi and staking attracts new users.35778