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Smart Contracts – Ethereum’s Bailiwick – How Do They Really Work?

Smart Contracts – Ethereum’s Bailiwick – How Do They Really Work?

FromFinding Genius Podcast


Smart Contracts – Ethereum’s Bailiwick – How Do They Really Work?

FromFinding Genius Podcast

ratings:
Length:
40 minutes
Released:
Jul 14, 2017
Format:
Podcast episode

Description

If you look at the way many banks and asset manager backends function, internally, there are many different departments. And each department has its own copy of a contract it needs to execute on. They each have their own copy because even internally, departments don’t trust one another to execute the contract according to their own interests. It’s an issue of trust. But now, there is a solution. There is a way to de-risk the contract. A smart contract is one you can trust, one that executes in a tamper-proof manner. It executes this way because it’s run on a decentralized infrastructure: none of the parties involved can modify its operation. Hit play to learn more about smart contracts. Be sure to subscribe, review, and if you can, consider donating some Bitcoin to the cause.
Released:
Jul 14, 2017
Format:
Podcast episode

Titles in the series (100)

Podcast interviews with genius-level (top .1%) practitioners, scientists, researchers, clinicians and professionals in Cancer, 3D Bio Printing, CRISPR-CAS9, Ketogenic Diets, the Microbiome, Extracellular Vesicles, and more. Subscribe today for the latest medical, health and bioscience insights from geniuses in their field(s).