Topic: How Smart Contracts can change the world of business - page 3. (Read 491 times)
The most interesting thing is that the work of smart contracts is fairly simple and there have already been attempts to create something similar, but it was the crypt that made it possible.
I totally agree with the article in virtually all cases investors also traders seems to forget what drive the price of the token the technology. They don't care if they are developing the product they just want to see the price grow. We should start thinking more about the product and change the mindset of when moon.
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.
Smart contracts are more reliable than all other financial instruments in this area. Thanks to the smart contracts, the parties may not worry about the fairness of the transaction, because it will take place only when both parties fulfill their obligations.
Smart contracts indeed contributes to the evolution of the business world. Not only does it speeds up the process of verification, but it also reduce the cost. Businesses of company will be better once they adopt to the advancement of technology. I know one company in the Philippines that is currently taking considerations of blockchain. I will not mention the company name but it is a company that provides one of the basic needs of human. It might takes years before adaptation but hopefully it will be soon!
This is the accurate definition of the purpose of the smart contract, with it business transactions are easy, rapid and very clear
Smart contracts will completely change the world of business. The need for mediators will disappear. Fraud in the service sector will disappear. And this is only part of the benefits))
smart contracts will turn the world especially a number of professions will become basically unnecessary , such as lawyers , notaries, brokers and all other intermediaries . a number of deceptions in markets such as the real estate market will decrease
I think that we are moving towards mass Smart Contract adoption, will be in the next 2-3 years.
Not so fast, the large-scale use of blockchain technology, this shows that the global companies are already in the application stage, but currently there is no universal view.
I think we will see this evolve more and more this year, every day I am hearing some sort of adoption of blockchain.
I think that we are moving towards mass Smart Contract adoption, will be in the next 2-3 years.
I agree with this article.
Maybe one area that was not discussed in the article would be rent, imagine if you didn't pay, you couldn't get access to your flat.
Maybe one area that was not discussed in the article would be rent, imagine if you didn't pay, you couldn't get access to your flat.
This offer of the IOTA project (for example). Now there are some implementations, but they do not use the global blockchain. For the time being P2P only.
In my opinion regardless of the platform that the contract can be made the idea itself is something motivating and essential for the realization of a dream or even even changing an archaic scenario of a technology. It really is a question of time to find comments on media in relation to the topic.
Smart contracts can turn all the existing business models upside down. They provide people with the whole new level of security.
Smart contracts indeed contributes to the evolution of the business world. Not only does it speeds up the process of verification, but it also reduce the cost. Businesses of company will be better once they adopt to the advancement of technology. I know one company in the Philippines that is currently taking considerations of blockchain. I will not mention the company name but it is a company that provides one of the basic needs of human. It might takes years before adaptation but hopefully it will be soon!
I think we are a few years away from mass adoption, but it is going the right direction. People focus too much on the actual crypto and not enough on the blockchain systems that support them.
Therefore when the crypto takes a hit, people forget blockchain.
Therefore when the crypto takes a hit, people forget blockchain.
Now the blockchain and cryptocurrency markets are too fickle.
People just want to profit from this industry, but ignore the underlying technology.
People just want to profit from this industry, but ignore the underlying technology.
Think it will take a few years before this is adopted. It's a nice idea, but I don't see businesses moving anytime soon.
Hi guys,
Especially Smart contracts are programmed using Solidity which is a contact-oriented programming language for writing smart contracts. It can then be used to implement the smart contract on various blockchain platforms.
There is a specific catergory of algorithm. which can be decentralization and provides digital security so that a smart contract can be created.
Benefits of Smart contracts :
Smart contracts live on a shared database where all parties have a copy –unlike today’s systems where every company keeps and stores their own records.
With this in mind, here are some key benefits of a smart contract:
1. Instant Verification
2. Authority
3. Transparency
4. Enhanced Privacy Structure
Can you think of any other reasons smart contracts will change the world?
Once you need an prefect smart contract development company
Especially Smart contracts are programmed using Solidity which is a contact-oriented programming language for writing smart contracts. It can then be used to implement the smart contract on various blockchain platforms.
There is a specific catergory of algorithm. which can be decentralization and provides digital security so that a smart contract can be created.
Benefits of Smart contracts :
Smart contracts live on a shared database where all parties have a copy –unlike today’s systems where every company keeps and stores their own records.
With this in mind, here are some key benefits of a smart contract:
1. Instant Verification
2. Authority
3. Transparency
4. Enhanced Privacy Structure
Can you think of any other reasons smart contracts will change the world?
Once you need an prefect smart contract development company
Even if cryptocurrency and Bitcoin will die (I don’t believe in this), blockchain and smart-contracts can change our world. Really, financial and insurance industries, medicine, logistic and all global markets will be improved by new technology.
Well in dream world it might change a lot but in real life only a little number of people are using cryptocurrency in business. Overwhelming majority of businessmen won't use that currency nowadays and in near future.
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