Barclays Collaboration Sets Forth Vision for Smart Contracts Future
UK banking giant Barclays and University College London have set forth their initial vision for smart contracts in a new position paper. Released this week, the 15-page research effort explores the definitions of key terms surrounding the emerging blockchain application and its terminology, aiming to cut through the layers of hype that have arguably lead to irrational market expectations for the technology today. Barclays investment bank CTO and report author Lee Braine said the aim was to search for "narrower definitions" of commonly used terms such as "automation" and....
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