Blockchain – The Future Of Financial Technology

Reading Time: 4 minutes The words cryptocurrency and blockchain are now found everywhere. Such public attention can be explained by two factors: the high cost of Bitcoin cryptocurrency and the complexity of understanding the essence of the technology. The history of the emergence of the first digital currency and the underlying P2P technology will help us to understand these “crypto jungles”. Decentralized Network There are two definitions of Blockchain: • Continuous sequential chain of blocks containing information.• Replicated distributed

The Future of Self-Executing Contracts Using Blockchain

Reading Time: 2 minutes What if contracts could automatically self-execute if certain conditions are met? In this infographic, The Power of Smart Contracts on the Blockchain, Etherparty describes just how this isn’t the future – Smart Contracts are becoming the reality. Smart contracts could take the subjective nature of contract qualification and negotiation out of the hands of decision-makers, providing an incredible opportunities for parties to close deals that are perfect for each party – with regard to cost,