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Topic: How Smart Contracts can change the world of business - page 2. (Read 491 times)

full member
Activity: 504
Merit: 101
Smart contracts are very good for business. But not a tokens...
member
Activity: 183
Merit: 10
https://vulcanforged.com/
Agree. A lot of businesses don't understand yet the importance of Smart Contract. It is very useful in our today's generation especially we are now in the Internet world and almost all of the businesses are now shifting to an automated system. With Smart contract, the system is programmed so that we no longer need a third-party to verify a certain transaction.
newbie
Activity: 100
Merit: 0
Really interesting article, thanks for sharing!

I think we are still quite far away from mass adoption, but it is going in the right direction!
newbie
Activity: 52
Merit: 0
Great article and thanks for sharing!
newbie
Activity: 195
Merit: 0
I think it is the right direction, but will take a while before we see adoption. It is a lot more complex than just saying "we will use smart contracts". Although I am sure if you are a smart contract builder you are very excited about this year!
full member
Activity: 225
Merit: 100
I think this will change a lot, but I do not see it happening anytime soon.

People and businesses are too happy with the current setup and because the media has bashed crypto, people are weary to have tokens rather than hard fiat currency.
full member
Activity: 232
Merit: 100
I think we are sadly still quite far away. Mass adaptation is years away.
member
Activity: 182
Merit: 10
The World's Most Secure Cash & Crypto Platform
based on my understanding, smart contracts is the better criteria why investors and users will put more trust into altcoins that having smart contracts like Ethereum's ERC20 platforms because it offers 100% transparent transaction in order to compensate crystal clear transparency audit.
That's why smart contracts is the best choice to support cryptocurrency so that we will not think that the crypto is being manipulated by someone or some organizations.
copper member
Activity: 44
Merit: 0
Global CPQ - Enterprise Blockchain CPQ
Yes, yes, and yes.  The article is great, but not inclusive of all applications of Smart Contracts.  The way blockchain and smart contracts work will change the way all data is managed eventually.  Think about that for a second.  Any record keeping system could easily utilize blockchain and smart contracts to keep track of records, data, calls, notes, transactions, files, history, etc.  It's truly remarkable.
member
Activity: 168
Merit: 14
Smart contracts are an amazing tool that was not available before an I think they can mark a new era in computing in general particularly once the blockchain technology matures.
sr. member
Activity: 742
Merit: 250
I think that smart contracts are the future of business world. There is no doubt about this. But at this stage they will not change the world radically.
full member
Activity: 234
Merit: 100
I think right now the issues are:-

1) testing it to know all the flaws, every system has flaws

2) How it is adopted and who adopts it (A large company does it people will jump on it)

3) Legal and also education to the general public. The issue is we are talking about taking old systems and chaining them, this is a huge disruption.
sr. member
Activity: 630
Merit: 250
Always the majority of people in the crypto-currency community were interested only in earnings. Development and the future interests only a small part of people
jr. member
Activity: 283
Merit: 6
After I finished reading the article, I can say smart contracts are AWESOME, but I think they are a little... unrealistic yet.. I can't see they working in real life, but the idea itself is interesting.
full member
Activity: 390
Merit: 100
Hello all,

I came across this article, and I would like to hear your opinions whether you agree or disagree. Are there any industries that they missed in the article? I think people forget too much about smart contracts and blockchain here and focus too much on the actual token and the price. The reason they have a price is the valuable technology behind it.

https://medium.com/crowdholding-innovation-platform/how-can-smart-contracts-change-the-world-of-business-46f00da93e87

for now i think smart contract can affect the finance industry, but i don't know with 10-20 again, because for now cryptocurrency has many negative trust by goverment
sr. member
Activity: 616
Merit: 321
Smart contracts are the future. Once in the international law there will be norms of the legislation, precisely regulating smart contracts, they will be used everywhere.
full member
Activity: 434
Merit: 100
I think that smart contracts change a lot in business and entrepreneurship because this technology helps to secure transactions at any level.
jr. member
Activity: 165
Merit: 1
HI : HEALTH
Hello all,

I came across this article, and I would like to hear your opinions whether you agree or disagree. Are there any industries that they missed in the article? I think people forget too much about smart contracts and blockchain here and focus too much on the actual token and the price. The reason they have a price is the valuable technology behind it.

https://medium.com/crowdholding-innovation-platform/how-can-smart-contracts-change-the-world-of-business-46f00da93e87

Hi, I think the main advantage of smart contracts is that approvals are verified in real-time, based on conditions set in the contract, without human bottlenecking.There is no long-winded verification process to make sure that everything is in order.
full member
Activity: 336
Merit: 101
thanks to them, crypto investment and generally the development of blockchain platforms has become so fast. I'm sure that smart contracts are the technology of the future.
newbie
Activity: 238
Merit: 0
Hello all,

I came across this article, and I would like to hear your opinions whether you agree or disagree. Are there any industries that they missed in the article? I think people forget too much about smart contracts and blockchain here and focus too much on the actual token and the price. The reason they have a price is the valuable technology behind it.

https://medium.com/crowdholding-innovation-platform/how-can-smart-contracts-change-the-world-of-business-46f00da93e87

I know that the world is not in place. Everything is changing)
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