Lightning’s Elizabeth Stark: 2017 Will Be the Year of Smart Contracts
We met with Elizabeth Stark in Helsinki where over 17 thousand people gathered for the major two-day Northern European startup event. The Slush conference, aptly named after the weather conditions that couldn’t prevent startup enthusiasts and investors from coming, was held in the biggest exhibition space in the Finnish capital city but at some panels you didn’t even have any elbow room. Bitcoin evangelists and Blockchain practitioners drew out record-breaking crowds, with Elizabeth Stark, a recognized leader on the future of technology, always in great demand. Elizabeth Stark is a....
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Smart Contract Oracle Solutions: the New Herald of Crypto Fundraising With smart contracts and DeFi gaining traction in droves, and the numbers of new entrants into the ecosystem growing, the smart contract revolution appears to be kicking into gear this year. Recent fundraising successes that bucked the trend of failing token sales in recent years suggest that investors are now looking to projects that seek the remaining piece of the puzzle in functional smart contracts. […]
Ethereum’s community is standing up to the challenge of securing smart contracts by taking steps to implement the lessons learned from the DAO. Microsoft Research, Harvard University and Inra, a French national research institute that employs 2700 computer science researchers from the “world’s most prestigious universities”, have published a highly technical paper [PDF] on the formal verification of smart contracts. The paper presents a framework to analyze and formally verify Ethereum smart contracts using F*, a “functional programming language aimed at program verification.” The initial....
In what could potentially be one of the first deployment of smart contracts in the corporate sector, IBM comes together with Bank of Tokyo-Mitsubishi UFJ (BTMU) to examine the design, management and execution of contracts among business partners using Blockchain technologies. IBM and BTMU plan to automate business transactions using Blockchain tech developed on the open source Hyperledger project. With this and other projects, Singapore emerges as a world’s center for Blockchain development. Blockchain in business now a reality. The announcement regarding the deployment of smart contracts....
Smart contracts hold tremendous promise as the 'killer app' for blockchains. If you're not familiar, a smart contract is a computer program that automatically executes the terms of a contract on a blockchain. In principle, you can use smart contracts for a wide variety of purposes, such as wireless service contracts, apartment and hotel room rentals, freelance work contracts, automating payments – anyplace you'd want to cut out the middle person. With more than $17bn in assets stored in just the top 10 cryptocurrencies, there currently is a huge opportunity to give existing blockchain....