From DAO to CODE: SingularDTV to Make Ethereum Smart Contracts More Secure
SingularDTV is launching an innovative new organizational structure for tokenized ecosystems on Ethereum called CODE. CODE stands for Centrally Organized Distributed Entity when governance is completely centralized or Contractually Organized Distributed Entity when governance is decentralized. It is a result of the collaboration between SingularDTV, developers from ConsenSys, and the legal architects behind the Ethereum Foundation, Swiss law firm MME. Blockchain - non Blockchain interaction. SingularDTV is the first to launch with this structure, according to its CEO, Zach LeBeau, in an....
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A project called SingularDTV aims to be the first decentralized blockchain-powered TV and film platform. The team behind SingularDTV has just wrapped up its ICO, raising over 7.5 million USD in Ether in less than half an hour. SingularDTV Targets Centralized Giants Like YouTube and Netflix. SingularDTV is a ConsenSys venture and an Ethereum-based,....
Amid new concerns about the viability of blockchain smart contracts, one company is releasing a proposal that seeks to make it easier to ensure their security. Developed by Smart Contract Solutions, the open-source Zeppelin project aims to offer a community-driven framework for secure, audited code. The goal is to prevent the unintentional loss of funds, a danger perhaps best illustrated by the collapse of ethereum's biggest smart contract, The DAO. Since ethereum is the best-known smart contract platform, the first set of tools are written in its programming language Solidity. But,....
SingularDTV CEO, Zach LeBeau, believes that achieving a decentralized and equitable global film and video ecosystem is likely to result from building more, not fewer, bridges among blockchain, digital currency and legacy players. In an interview with Bitcoin Magazine, LeBeau confirmed that SingularDTV, which is building an entertainment industry ecosystem on the Ethereum blockchain, is having exploratory conversations with at least one legacy studio and with "one of the more prominent" production companies. LeBeau said that as recently as 2014, he saw virtually “100 percent” of....
Interests in smart contracts have grown lately especially with the formation of The DAO – Decentralized Autonomous Organization which is based on Ethereum. What Are Smart Contracts? They are computer applications in which contracts are written into computer code and perform or execute automatically. These applications are expected to run as programmed without any possibility of downtime, censorship, fraud or third party interference. These trusted and permanent records shared across parties through a tamper-proof network have the potential to reduce costs, increase automation, and remove....
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....