Smart Contract Solutions for Business

submitted 4 years ago by oodlesblockchain1 to bitcoin

In this blog, explore about a few of the most exciting and innovative implementations of smart contract solutions that are already changing the environment in which we work. In 1994, Nick Szabo (a cryptographer), came up with the idea that contracts can be documented in the form of computer code. This contract will automatically be triggered upon the fulfillment of certain conditions. This idea could theoretically remove the need for trustworthy third-party companies (such as banks). The problem was that back in 1994, blockchain technology didn’t exist. But it does now! Now, numerous blockchain platforms enable secure, efficient, and fast smart contract solutions development, like Etereum, Hyperledger, Corda, Stellar, and more.