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There’s a new trend afoot in the world of virtual currencies – so-called decentralized autonomous organizations (DAOs). While similar to the popular crowdfunding mechanisms employed by many companies today, DAOs have no CEO, no board of directors, and are run entirely by computer code. People who buy tokens or shares in DAO companies can then…
It’s a story that we have all heard before. You set up your crypto wallet and the next thing you know, it disappears. Well, I’m here to tell you that my day didn’t go so well either! As I was checking my balance from time to time with Wallet, one day I noticed that there…
Maximum data security and efficiency through Smart Contracts On Ethereum blockchain The Auto1 FT has revolutionized automobile financing in Europe, establishing Auto1 FT as the first car financier to convert its entire ecosystem to this approach. FinTech Auto1 FT, now also a blockchain-based car financing company, is launching Europe’s first blockchain-supported car purchase. Blockchain technology…
Smart Contracts on a Blockchain Smart contracts use a decentralized network known as blockchain technology to validate, capture and enforce agreements between multiple parties. This line of code controls the execution of traceable and irreversible transactions. This is an agreement within an existing, distributed, and decentralized blockchain network. What are smart contracts good for? Blockchains…
