Smart Contract Oracles are the bridge that connects blockchain to real-world data. Oracles enable smart contracts’ functionalities to extend beyond the chain they run on.
Reading time: 3 minutes. Photo by Greg Rakozy on Unsplash
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All posts tagged Smart contracts
Smart Contract Oracles are the bridge that connects blockchain to real-world data. Oracles enable smart contracts’ functionalities to extend beyond the chain they run on.
Reading time: 3 minutes. Photo by Greg Rakozy on Unsplash
Read moreWhen you think about how to align and automatically update CRM data with contract data, it’s important to consider the benefits of streamlining the entire contract process. Superior contract management solutions take advantage of customer relationship management (CRM) technology to deliver a client-focused service for your business.
Reading time: 3 minutes. Photo by Austin Distel on Unsplash
Read moreThe COVID-19 pandemic has had a dramatic effect on global trade, disrupting industries, economies, and supply chains. Prolonged lockdown periods caused a supply and demand shock. Governments, businesses, and individual consumers struggled to procure basic products and materials. Most of them were forced to confront the fragility of the modern supply chain to achieve better supply chain resilience.
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Read moreThe tokenization of assets is creating a new economy by reshaping financial markets through the inherent qualities of DLTs. Asset tokenization is creating a new financial market that is more democratic, efficient, and global.
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Read moreGlobalization – and now the COVID-19 pandemic – created new barriers to doing business but also presented new opportunities for the increased adoption of blockchain technology. And more specifically – smart contracts.
Examining the current Regulatory Framework For Smart Contracts and opening a debate for potential improvement in the existing regulatory framework for smart contracts is the objective of this article.
Reading time: 5 minutes, Photo by Tingey Injury Law Firm on Unsplash
Read moreSmart contracts and tokens for supply chain automation are of paramount importance.
Tokens are digital entities that may be used as a digital representation of physical assets (ingredients, subproducts, etc.) and information. Furthermore, with tokenization, suppliers reap the ultimate benefits of blockchain assets. Tokenization forbids duplication, making it non-fraudulent and ensuring accurate tracking and proof of ownership in a transaction. And not just these.
Reading time: 4 minutes,Photo by Arisa Chattasa on Unsplash
Read moreWe have reached the next stage in the expression of commercial arrangements. Blockchains are increasingly being used to foster and execute legal agreements, supporting a new generation of electronic Smart Legal Contracts. Blockchain networks and computer programs called “smart contracts” enable parties to memorialise all or parts of legal agreements. By using this technology, contracting parties gain the ability to create arrangements that are hard to modify, dynamic, and potentially less ambiguous than traditional legal contracts.
Reading time: 3 minutes, Photo by Austin Distel,Tingey Injury Law Firm, Kelly Sikkema on Unsplash