#Smart Contracts

The bitcoin ecosystem is becoming the place for many financial startups. Still, finance is highly regulated field, so some legal firms try to catch the zeitgeist of 2016. ForkLog talked with the founder of law firm lexnet.io, Valentin Pivovarov to find out how jurisprudence keeps up with the times and why it’s great. What the […]

In the year of 2015 one would hardly be surprised to hear “smart house”. Almost everyone knows that it refers to some electronic components incorporated in the infrastructure of an appartment, a house, or an office. They are to make our lives more cost effective, eco-friendly, convenient, and safe.

Recently we mentioned the things that hinder smart contracts from becoming our daily routine. Certainly, no smart contract can exist outside of its environment, where it can be created, verified, and performed. Certainly, Ethereum is a basic component thereof; however, a comprehensive environment shall include an interface for user interaction.

After the advent of cryptocurrencies specialists in business automation engaged in discussions on smart contracts as they deemed them the method to eliminate third parties and reduce operational costs for businesses. It is hardly surprising, because, in fact, a cryptocurrency transaction is particular case of a smart contract recorded in a public register unreservedly transferring […]

Special Read in Russian Professional communities discuss ways to implement decentralized technologies apart from finances. Opportunities and prospects of technologies underlying Bitcoin are still beyond fulfillment. One of the most promising ways of using the technology is implementing it within business processes of an enterprise both to optimize accounting, and assess efficiency of work and […]