How China’s CBDC Will Integrate Smart Contracts, Latest Progress Revealed
China’s central bank digital currency (CBDC) is moving fast towards its deployment. For the first time since the project was launched over 7 years ago, the People’s Bank of China (PBoC) has released a Whitepaper with the digital Yuan or e-CNY’s most important progress. The project started as a response to cryptocurrencies, such as Bitcoin, […]
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The China Central Bank has revealed many facets of its Central Bank Digital Currency in a newly released whitepaper, one of the plans in the whitepaper is that the PBOC will utilize smart contracts for digital currency. The digital version of the Chinese Yuan is also called e-CNY. By using smart contracts, the digital Yuan […]
With contributions from Zerado, FinTech Network have produced a whitepaper that looks at smart contracts and how they could improve efficiencies within the banking sector. The whitepaper highlights: How smart contracts aim to provide security that is superior to traditional contract law and ways they can reduce other transactional and administrative costs. The workings of Ethereum as one of the best examples of smart contracts in practice. Ways that smart contracts could benefit areas such as mortgages, clearing and settlement, KYC & bonds. How challenges with conceptual misalignment,....
The Counterparty team wants to err on the side of caution when bringing the Ethereum smart contracts to the mainnet. There has been a lot of talk of bringing Ethereum smart contracts to the Counterparty mainnet in recent months. Not too long ago, it seemed like this project was set in stone, but some last-minute adjustments had to be made. Now that the latest EVM has been ported to the Counterparty, exciting things are on the horizon. Ethereum Smart Contracts On Counterparty Mainnet? That is the question everybody would like an answer to, and it appears as if the Counterparty team is....
In a tweet on October 4, Sandeep Nailwail, the co-founder of Polygon, revealed that POL Contracts have been deployed on the Goerli testnet, describing the release as a significant “step on their journey of creating Polygon 2.0.” The deployment of these smart contracts also saw the release of two Polygon Improvement Proposals (PIPs), PIP-24 and PIP-25. […]
Per an official post, the Securities Association of China held a symposium to improve their securities industry via the application of blockchain technology and smart contracts. The Asian giant has shown hostility towards the crypto industry, banning Bitcoin miners and shutting down companies for crypto-related transactions, as Bitcoinist has reported. However, there is a different […]