Tag: smart contracts

Gora’s Breakthrough with Google: Enhancing Blockchain Oracles and Smart Contract Reliability

Gora and Google partnership accelerates the growth of the blockchain oracle network. Gora's participation in Google's Web3 Startup Program provides funding, technical support,...

Story Protocol’s $80M Series B Fuels Blockchain Innovation for IP Protection

Story Protocol uses blockchain technology to protect IP and provide writers with fair remuneration in the AI future. A Series B investment round...

Blockchain Life 2024 A Comeback in October :Dubai Event Unveils Crypto Trends and Startups

Blockchain Life 2024 returns to Dubai for a second time to Dubai on October 22-23, opening new doors of opportunity for startups throughout...

Blockchain’s Impact on African Financial Services”

With the power of blockchain technology, African financial services have significantly improved. For instance, Bitpesa, Yellow Card, and Fluttewave operate across several African...

Uniswap Labs Announces Upcoming v4 and Developer Training Program

Uniswap Labs has unveiled its plans for the launch of Uniswap v4, which will reshape the landscape of decentralized finance. The announcement of...

Humanity Protocol: Revolutionizing the Digital Economy with Community Staking

Humanity Protocol emerges as a beacon of innovation in the blockchain space. The Community Staking program promises an annualized 100% Yield on staked...

From Proof-of-Concept to Possibilities: Citibank’s Digital Asset Frontier

Citibank announced the successful completion of a proof-of-concept on private fund tokenization. Following Citi's announcement, Avalanche's AVAX coin witnessed a notable surge, reflecting...

Flatcoins: Revolutionizing Stability in Cryptocurrency Amid Escalating Global Inflations

Flatcoins enable improved value retention in a situation of escalating global inflations. The basket of Assets approach relies on a public cost-of-living index...

Smart Contract Development: Unlocking Blockchain’s Revolutionary Power

Channels like "Dapp University" and "EatTheBlocks" provide valuable content that breaks down complex concepts into easy-to-understand videos. Platforms like Coursera, Udemy, edX,...

Kenya’s Metaverse Revolution: Unveiling the Second African AI Summit

The Kenya Metaverse community has unveiled the second edition of the African AI and Metaverse Summit to be held in Nairobi. KCA deputy...

Mastering Crypto Investments: Understanding Market Cap Dynamics

The crypto market cap represents a crucial metric for understanding the value of a digital currency. There are over 26,000 cryptocurrency projects currently,...

Understanding the layers of blockchain technology

The first application of blockchain dates back to the 1990s, but its complete version debuted in 2009. A smart contract is a set...

How blockchain technology can improve contract agreements

Contracts are commonly used in various situations, such as business agreements, employment contracts, rental agreements, sales contracts, and more. Traditional contract management systems...

Smart contracts role in commercializing blockchain technology

Smart contracts are self-executing contracts with the terms and conditions directly written into code. Predefined events and conditions trigger smart contracts, and once...

The relationship between crypto and the law

The relationship between cryptocurrency and the law becomes even more pronounced because no intermediary or authority has exclusive jurisdiction to settle cryptocurrency-related disputes. For instance, in a conventional financial transaction, if a party claims theft of their account credentials and fraudulent transfer of money from their account, their financial institution (such as a bank) can intervene and help resolve the matter. However, suppose a parallel situation occurs on a blockchain platform. In that case, no mechanism is in place for settling such a dispute because cryptocurrency is decentralized and has no financial institutions that act as intermediaries. Accordingly, victims of cryptocurrency theft will likely have no legal avenue to compensate for their losses.

Simple programming languages to develop smart contracts

There are two kinds of programming languages for smart contracts; dedicated and general purpose. Solidity and Rholang languages are dedicated blockchain code languages...