HackETHon to Bring Data Analytics to Smart Contracts
Thomson Reuters, a multinational media and information corporation which employs 60,000 worldwide with a yearly revenue of more than $12 billion, is sponsoring a three day HackETHon to be held from the 9th to the 11th of September 2016. The event is focused on Ethereum based smart contracts with challenges and prizes for data-driven smart contracts and for improving Ethereum smart contract security. The impressive list of partners includes Barclays, one of the biggest global banks, Innovate UK, an executive non-departmental public body sponsored by UK’s Department for Business, Innovation....
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Business accelerators all over the world are always looking for the next big thing in technology and finance. It only makes sense to see these accelerators keeping an eye out for companies exploring blockchain technology. Or in the case of BNP Paribas, they are looking at one startup in particular – called CommonAccord – which aims to bring automated....
STX price rallied 195% after the introduction of smart contracts enabled the launch of DeFi and NFTs on the Bitcoin network. Ethereum (ETH) is currently the leader when it comes to smart contract capabilities and the sheer number of projects operating on its network, but the push to build products on Bitcoin (BTC) is gaining traction with advocates like Square CEO Jack Dorsey spearheading the effort to bring decentralized finance (DeFi) to the Bitcoin network. One project aiming to combine the features of DeFi with the security of the Bitcoin network is Stacks (STX), a layer-one blockchain....
The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act, in its large scope, touches on the subject of smart contracts and proposes that every smart contract should have a termination function to stop the flow of transactions when required.
Smart Contracts Might Be Stifled by EU Data Act
The newly proposed EU Data Act, published on February 23, aims to regulate and control the ways in which data is being generated, bringing legal clarity to the data market in Europe.....
As the developer of a popular blockchain platform, I sometimes gets asked whether Ethereum-like smart contracts are on the MultiChain roadmap. The answer I always give is always: 'No, or at least not yet'. But in the hype-filled world of blockchains, smart contracts are all the rage, so why ever not? Well, the problem is, while we now know of three strong use cases for permissioned bitcoin-style blockchains (provenance, company recordkeeping and lightweight finance), we've yet to find the equivalent for Ethereum smart contracts. It's not that people don't understand what they want smart....
Fran Strajnar, CEO of BraveNewCoin, tells Cointelegraph about the development of oracles as Ethereum’s missing link to make smart contracts truly useful to the regular business world. Bridging the gap. Ethereum promises a host of smart contract applications from gambling to ridesharing. The technology still is, however, very much in development, and much of its current use remains either speculative or hypothetical, with few day-to-day operations of regular businesses relying on smart contracts. This is because Ethereum smart contracts only have access to information on their own....