Prenup Built in Ethereum Smart Contract Rethinks Marriage Obligations
Thanks to a new prenuptial agreement uploaded to the Ethereum blockchain, your insistence on watching The Walking Dead could be a violable offense. So, too, could the frequency at which you shop, the number of chores you do, and your preference to your mother’s spaghetti recipe over your spouse’s. Designed by soon-to-be newlyweds Gaurang Torvekar and Sayalee Kaluskar, the open-source PrenupWithLove smart contract has been stored on the Ethereum network for anyone to see and use. As Torvekar and Kaluskar wrote on their website: "While talking about blockchains and its endless....
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In fact, the application has been entered into the ongoing Ethereum Hackathon. Intrigued about this application, Cointelegraph spoke to Susanne Tarkowski Tempelhof, CEO and founder of Bitnation. Cointelegraph: Could you explain the rationale behind Smart Love? Susanne Tarkowski: We wanted a simple and fun end user application to focus energy around building the Pangea Jurisdiction. Marriage is an ideal candidate because there’s a real need for it in the LGBT, inter-faith and polyamorous communities around the world, and most components you need to create a functional jurisdiction can be....
Susanne Tarkowski Tempelhof, Founder and CEO of Bitnation, explains to Cointelegraph how smart contracts can lower costs of your business. Cointelegraph: What are Smart Contracts about? Susanne Tarkowski: Smart contracts are applications ‘living on’ the Blockchain, and therefore can’t be censored. Simple, immutable and autonomous applications, basically. As Primavera de Filippi eloquently phrased it during her talk at OuiShare Paris 2016 “Smart Contracts are neither smart nor contracts...”. But ironically, smart contracts are however ideally suited to be… well… contracts! In essence, your....
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In light of the recent Ethereum hard fork, a collection of anonymous figures, or Ethereum Whales, have offered their support to the DAO exploiter — believing that the core developers have an obligation to the original contract. The Ethereum Whales. According to a blog, the ETH whales believe the developers at the Ethereum Foundation have an obligation to support the original smart contract. That is to uphold and recognize the events that have occurred under the parameters of the original contract and to reject the new one. They believe the Ethereum Foundation is legally obligated to....
A Californian couple has used tokenized rings to immortalize their marriage on the Ethereum blockchain. Rebecca Rose and Peter Kacherginsky, employees of leading U.S.-based crypto exchange Coinbase, have revealed how they used Ethereum’s blockchain to become lawfully wedded.On April 3, Rose posted to Twitter to announce the pair had tied the knot on March 14 in both the physical and virtual words.Most people get married in a place of religious worship, on a beach, or in the mountains. Peter (@_iphelix) and I are NOT most people. We got married on the #blockchain. 1/7....