Category: Smart Contract

What are the 6 real-world examples of smart contracts?

As mentioned in the last blog, a smart contract is simply a digital record of an agreement between two parties. Based on predetermined algorithms, these contracts effectively execute a contract’s terms without requiring third parties’ assistance.  “Smart contracts” have become synonymous with cryptocurrencies in recent years. Unfortunately, most people are unaware of smart contracts, although… Continue reading What are the 6 real-world examples of smart contracts?

What are smart contracts’ benefits and future trends?

In an era of digital transformation, it is paramount for businesses to look at how they can leverage digital technologies to remain competitive. The blockchain protocol allows multiple unknown parties to maintain consensus on the current state of agreement and changes made to a shared database. Because of increased transparency, permanent ledger, reduced costs &… Continue reading What are smart contracts’ benefits and future trends?

What are the world’s top 12 smart contract use cases?

Businesses can integrate smart contracts to transform anything that relies on digital authentication, including banks’ internal processes, warehouses’ inventory management, and healthcare providers’ patient records. This article aims to explain smart contract use cases. For a better understanding, we broke it down into three parts: A. Common smart contract use cases  B. Use-cases followed by… Continue reading What are the world’s top 12 smart contract use cases?

Blockchain Smart Contracts 101: The Basics and Beyond for Beginners

Blockchain technology has become popular in the past few years due to its potential over traditional business practices. Smart contracts are one of the main parts of blockchain technology. Companies can use blockchain contracts to enforce agreements between parties and facilitate transparency in a transaction. Getting blockchain solutions from blockchain experts will help you integrate smart… Continue reading Blockchain Smart Contracts 101: The Basics and Beyond for Beginners