Archive | smart contracts

Can the Saudi Kingdom Move with the Times in a Blockchain World?

After Saudi Arabia’s first blockchain meeting, ‘Translating Blockchain KSA 2018‘, the country is showing signs of incorporating new technologies to diminish the relevance of oil production. Since 1938, the Kingdom has since become the world’s largest oil producer and exporter, controlling the world’s second-largest oil reserves with the sixth-largest gas reserves and is the only […]

Upgradeable Smart Contracts Erode the Trustless Aspect of the Technology

Smart contract technology is of great interest to developers and corporations. Automating specific processes using blockchain technology can create new use cases. At the same time, there are still some issues associated with smart contracts, ranging from performance to theft prevention. Solving the latter problem may not be as easy as one might think. Smart […]

Hybrid Blockchain Platform Dragonchain Is Now Accessible to Developers

Ever since Disney got involved in the blockchain industry, people have been wondering what its first project would look like. Known as Dragonchain, this venture has been in development for quite some time now. Earlier this week, the official launch of this blockchain ecosystem was announced. It will be a hybrid solution, which isn’t exactly […]

Dubai Forms Task Force to Implement Blockchain Legal System Platform

The Dubai International Financial Center (DIFC) courts have reported they will be collaborating with the government supported Smart Dubai initiative to form a task force with a goal to implement a blockchain platform that enhances the country’s legal system. The project has been dubbed the ‘Court of Blockchain‘, with the government concluding that decentralization would benefit […]

Bitprim Launches Keoken — A Token and Smart Contract Platform for BCH

Over the past few months, many Bitcoin Cash (BCH) proponents have been discussing ideas such as representative tokens and smart contracts powered by the BCH network. Further, a few well-known organizations like Bitmain, and other BCH developers have introduced their own tokenization ideas. Now the firm Bitprim has announced the launch of a new […]

UK Law Commission Begins Smart Contract Research for Legal Reform

The UK Law Commission has begun research into blockchain technology, specifically smart contracts, in order to reform current laws to reflect their legal viability and use cases. The commission published a working paper on Thursday detailing the extent of the agency’s research thus far. Initial research has already begun, according to the paper, with the […]