What are Smart Contracts? Use Cases and Examples

Smart contracts are an important part of most blockchain-based ecosystems, and the most important element of application-focused blockchains, such as Ethereum. These smart contracts are programs that run on blockchains. For instance, an Ethereum contract will run on the Ethereum blockchain. Smart contracts are digital, autonomous, transparent, trustless, and decentralized — and these contracts normally can not be modified or altered once deployed. One of the advantages of smart contracts include reducing or sometimes removing intermediaries and contract enforcement in a transaction or an agreement. With smart contracts, the code…

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Litecoin becomes official Miami Dolphins cryptocurrency

Miami Dolphins cryptocurrency - Miami Dolphins football and helmet

Litecoin Foundation announces partnership with American NFL team the Miami Dolphins. The start of the 2019 NFL season will see Litecoin become the official Miami Dolphins cryptocurrency. The partnership between Litecoin Foundation, the Miami Dolphins and Aliant Payments, will begin on September 5, 2019 The crypto payments will be made possible by Aliant Payments. Aliant Payments’ system will make the Miami Dolphins cryptocurrency payments possible. The partnership gives Litecoin the ability to reach one of the NFL’s largest fan bases via in-game branding and advertising opportunities at Hard Rock Stadium.…

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Blockchain technology is a top m-commerce driver

Blockchain technology - Bitcoin mobile digital technology

The same tech that powers cryptocurrencies such as Bitcoin are also pushing mobile commerce forward. Blockchain technology, the tech powering cryptocurrencies, is becoming a driving force in advancing mobile commerce. This, according to IBM Blockchain global director Shyam Nagarajan. IBM has been working with a number of banks to develop new paths for m-commerce and payments. IBM has been working with Bank of Ayudhaya and the Kasikornbank in Thailand. They have been working with blockchain technology, said Nagarajan. Their goal has been to boost online shopping and mobile payments platforms.…

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