HIT Radar: Application Focus – Information Technology
Blockchain-based Smart Contract A blockchain-based smart contract is a computer program code that is capable of facilitating, executing, and enforcing the negotiation or performance of an agreement (i.e. contract) using blockchain technology. Being able to set-up a software solution, which provides an exchange of value in a secure, transparent and automatic way can sound as a tremendous opportunity for everyone. However, current blockchain platforms are not (yet) ready to support the data tsunami smart-contracts can generate. Smart contracts are an interesting tool with a true potential you should ...