Tagged: smart contracts

CFTC Publishes Smart Contract Primer

The US Commodity Futures Trading Commission (CFTC) has published a primer on “Smart Contracts” today. The document has been created by the CFTC’s innovation division – LabCFTC. LabCFTC Director Daniel Gorfine commented that smart contracts are being used to drive automation in markets and may… Read More

Three Years After Ethereum’s Initial Olympic Release: What’s Up With the World Computer?

Three years into the smart contract revolution that should have brought us international, completely free and trust-independent markets, the time has come to see how far we’ve gotten and what remains from the grand idea. During its early beginnings, the Ethereum project was often introduced… Read More

Synthetic Minds Receives $5.5 Million, led by Pantera & Khosla Ventures, to Improve Smart Contracts

Y-Combinator grad Synthetic Minds has just announced a $5.5 million seed round led by Pantera Capital and Khosla Ventures. Synthetic Minds is tech that works to bullet proof smart contracts. According to founder Saurabh Srivastava, they protect smart contracts by “using formal methods to synthesize their… Read More

CFTC Commissioner: Programmers Could Be Prosecuted for Writing Predictive Smart Contracts

Developers that write predictive smart contracts could be subject to various types of enforcement action and liability, CFTC Commissioner Brian Quintenz told an audience in Dubai yesterday. Quintenz, whose agency regulates derivatives markets in the US, singled out both securities-preformance predictive software (“It could look… Read More

Catching Waves: New System Protocol for Blockchain, Launches SIMDAQ on Tidex

SIMDAQ 

The Waves Platform, a decentralized global platform offering an ecosystem for blockchain developers, has begun its process of activating Smart Contracts on the platform’s MainNet. According to the platform, Waves released a new system protocol for its blockchain, the first stage of the launch of Smart… Read More

Music on the Blockchain

Piano Music Do Not Touch

Blockchain, as we all know, is the technology behind cryptocurrencies, such as Bitcoin, and now it is all set to revolutionize the music industry.  Other industries across domains have started leveraging Blockchain technology to explore functions such as transparency, automation of execution, direct payments in… Read More

Smart Contract Safety Net: Sagewise Announces Public Alpha SDK to Freeze Ethereum Contracts When Necessary

Sagewise says that more than $500 million was lost in Smart Contracts that ended up being not so smart during 2017. While everyone wants to believe in a “trustless” digital society that is not always the case. To better manage this issue, Sagewise has launched… Read More

Sagewise Pitches Dispute Digital Resolution Protocol for Blockchain Based Smart Contracts

Ethereum (and Solidity for that matter) are far from perfect. While lauded for the ability to create smart contracts that are “immutable”, when something goes wrong and money disappears with no recourse, immutability may be the number one problem. Right? Ethereum is pretty cool, but… Read More

Oops, I Accidentally Froze $150 Million of Ether. Or, How Smart Contracts Are Not Invulnerable

Well, here we are again. On November 6, Parity encountered yet another failure, and the result? Reportedly, some $150 to $300 million dollars worth of Ether (we are hearing conflicting reports as to how much ETH has been frozen) is locked down, and we’re hearing… Read More

Thomson Reuters Launches Blockchain Based Service for Delivering Market Data

It was announced recently that Thomson Reuters is set to launch its blockchain-based service, BlockOne IQ, which will provide its clients with fast and secure financial market data. Wall Street firms will be able to connect to market data through the blockchain network and be… Read More

Report: Blockchain to Help Consumers Save Billions of Dollars

Capgemini is out with a report on Blockchain that predicts consumers are poised to save “$16 billion dollars” on banking and insurance fees. Their premise is that “smart-contracts” for retail and investment banking, alongside insurance, will eliminate the need for paper-based documentation saving everyone time and… Read More

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