Smart contracts are based on one of the core ideas behind modern blockchain technology. They are a way to automate a wide range of crypto transactions and processes without relying on intermediaries ...

Smart contracts use blockchain technology to create a digital ledger that records all transactions. The terms of the contract are encoded into the code, and the execution of the contract is automatic ...

In a world where most of the infrastructure behind processes, applications, and agreements relies on centralized entities, smart contracts are a novel concept that fosters trust and removes the need ...

A traditional online platform usually keeps its main logic in a private database. Users see the interface, but they cannot ...

A smart contract is an application that uses blockchain and acts as a digital contract supported by a set of rules. Smart contracts are not considered contracts in the legal sense in most ...

Smart contracts are talked about quite a lot. What is often ignored, however, is their safety. On one hand, we have self-executing mechanisms that don’t require mediators. On the other, it takes one ...

Smart contract technology is booming with the release of Ethereum and programming languages such as Solidity and Serpent, that have made contracts much simpler to build and deploy. The idea has been ...

Ted Mlynar and Ira Schaefer are partners in the Intellectual Property practice at Hogan Lovells in New York City. They advise on patent and other intellectual property issues relating to blockchain ...

Whether it is due to layers of middlemen or archaic practices, consumers and businesses suffer from unnecessarily high transaction costs in a wide range of legacy businesses, from insurance sales to ...

Despite the CFTC’s focus on virtual currencies and DLT, however, the CFTC, to date, has not directly addressed how liability for CEA violations involving DLT should be allocated among the various ...

Dr Gideon Greenspan is the founder and CEO of Coin Sciences, the company behind the MultiChain platform for private blockchains. In this opinion piece, Greenspan discusses blockchain-enabled smart ...