Smart Contracts are the heart of blockchain technologies. They ensure decentralized execution of „contracts“ and are intended to ensure consistency in the network. A conventional contract outside of blockchain technologies consists of an agreement between several persons. Usually, the contract ensures that both parties can insist on their claims and present the contract as evidence …
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Dezember 2018
The problem of energy consumption can be solved
BTC-ECHO in conversation with the Forschungsstelle für Energiewirtschaft e.V. (Research Centre for Energy Economics). The energy industry is often cited as an industry that could benefit immensely from blockchain technology. At the same time, criticism is growing of extremely energy-intensive mining processes such as those used at Bitcoin. BTC-ECHO author Phillip Horch has signed an …
China: Financial regulator warns against security token offerings
A spokesman for the Chinese Financial Market Authority has issued a warning against Security Token Offerings. In a speech in Beijing, Huo Xuewen advised investors not to deal with the new financing method. When China issued an ICO ban towards the end of last year, the Bitcoin formula space was hit by high waves The …