One benefit of blockchain includes its ability to harness the power of smart contracts. What is a Smart Contract? Although the term “smart contract” sounds like a legal instrument, a smart contract is ...

The insurance industry is on the verge of a monumental shift, driven by the integration of blockchain technology and smart contracts. Bob Brzyski For life and health insurance agents and agency owners ...

New laws are a clear indication that smart contracts will be impactful. Smart contracts are tied to the emerging blockchain technology platform. Smart contracts could automatically execute ...

What is a smart contract in blockchain? Smart contracts are essentially programs that run when specific criteria are satisfied and are maintained on a blockchain. Smart contracts are usually used to ...

What are smart contract wallets? Smart contract wallets are self-executing, scripted agreements that automatically enforce the terms of the agreement, providing users with more power and security than ...

Bitcoin's capacity is limited. Meanwhile, smart contracts can be resource intensive. So even though Bitcoin has always supported basic smart contract functionality, the two have never been a natural ...

Since its introduction in 2014 the Solidity programming language has become the de facto standard to write smart contracts on the Ethereum blockchain network. Solidity is so popular that numerous ...

SHORT ANSWER: Smart contracts are digital agreements programmed and stored on blockchains that automatically execute when conditions are met. Smart contracts eliminate the need for centralized ...

Contracts and agreements underpin many daily interactions, whether it's your contract with an employer, your rental or mortgage agreement, or the guarantee on a new TV. The magic of smart contracts is ...

A version of this article originally appeared in the Artnet News Pro fall 2022 Intelligence Report. You want to buy a new painting from a midsize gallery? It’s not as simple as it sounds. After you ...