Links in the blockchain: Creating smarter contracts

August 15, 2018 | Imran Ahmad, Katherine Barbacki, Oleg Stratiev | Toronto, Montréal

Plant Magazine

In a 2016 World Economic Forum report, it was suggested smart contracts based on blockchain technology could potentially codify financial agreements in a shared platform and guarantee execution based on mutually agreed conditions. This would significantly reduce manual efforts required to support the execution of financial agreements and – in theory – accelerate business processes.

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