What are smart contracts?
“Smart” is a very loaded word. According to my Google dictionary, it means “having or showing a quick-witted intelligence”. Quick-witted is not usually a word that you associate with contracts. Most of...
View ArticleSmart property: what does that mean for the blockchain?
Smart contracts enable us to use the blockchain to lock in instructions contingent on something happening. If a certain price is reached, sell. If the package arrives, pay. If someone uploads a...
View ArticleEthereum and Bitcoin
The media seems to relish headlines proclaiming the triumph of a bitcoin rival. And it’s not surprising. Ever since the origins of theatre in ancient Greece we have been fascinated by the inevitable...
View ArticleBlockchain electricity
I’ve been doing some research recently into the role that blockchains could play in the management of supply chains. The fit seems obvious (one chain on top of another… geddit?), but it’s actually...
View ArticleThe DAO: Investments Meet the Invisible Hand
A new way of running an investment fund So, this is new. Or is it? The concept of a distributed autonomous organization (a DAO) has been talked about ever since bitcoin enabled rudimentary smart...
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