News Muncher - category smart contracts

1 year, 3 months ago

How the Web3 and AI worlds collide

Generative AI has grabbed the limelight from Web3 in recent months. “Intersections of AI and Web3 reveal instances where large language models render on-chain data” that are humanly readable, Deep Gandhi, Investment Analyst with Hashed Emergent said. Belgium-based SettleMint, a low-code blockchain programming firm, added an AI assistant to its platform earlier this month to help Web3 developers write better …

Data Gandhi Web3 Ai Generative Ai Smart Contracts Zkp

1 year, 6 months ago

From Smart Contracts To Limited Access: How Blockchain Technology Can Help Support Data Privacy

ABP News

In the age of digital information, data privacy has become a critical issue for individuals and organisations alike. Blockchain technology offers a promising solution to enhance data privacy by providing a secure and decentralised way of storing, sharing, and managing data. The network may grant access to these entities based on their role in the supply chain, ensuring that the …

Technology Privacy Data Access Blockchain Technology Data Privacy Network

2 years ago

CBDC is the UPI Moment for Fintechs: Rise of CBDC and Death of Crypto - News18

News 18

The fall of fraudulent and failing crypto exchanges is coinciding with the rise of CBDC across the world. CBDC, when programmed to be part of a smart contract, will reduce these layers of paper contracts and checks thus reducing the cost of trade or transactions both local and international. The promise of lower cost and reducing the global banks hegemony …

India International Trade Crypto Bank Digital Currency

2 years, 4 months ago

Exploring the DeFi industry’s advantages, challenges, and benefits

Live Mint

Decentralized finance, a word that was first used in the year 2018, increased the potential of blockchain technology and cryptocurrencies by taking use of the 'smart contracts' functionality offered by the Ethereum blockchain network. Nevertheless, despite the numerous advantages that DeFi provides, it also poses a distinctive set of risks and obstacles that continue to split financial professionals over the …

Financial Blockchain Technology Central Banks Central System Defi Smart Contracts

2 years, 8 months ago

Smart Contracts And The Indian Perspective

Live Law

Of the many innovations the 21st century has seen, Blockchain is arguably the most important. The problem with expanding the world of smart contracts to the public is that, at present, there exists no regulation which protects parties from frauds or scams which may arise out of a contract. This could make specific smart contracts ineligible to avail a remedy …

Contracts Blockchain Indian Contract Law Parties Bank Need

2 years, 9 months ago

Smart Contract Arbitration An Effective Alternative To Traditional Arbitration Which Has Now Started To Resemble Traditional Litigation : Justice Chandrachud

Live Law

Virtually joining the fourth edition of the International Conference on 'Arbitration in the Era of Globalisation' held in Dubai, Justice D.Y. "While technology expands the realm of arbitration making it more cost effective and efficient, arbitration is entrenching; has the best dispute resolution mechanism for the issues involving the complex interplay of the law and technology." "Legal professionals from across …

Technology Contract Justice Arbitration Dispute Dispute Resolution Resolution

3 years, 1 month ago

Bitcoin's Taproot upgrade: Why it's a ‘game changer’ for the cryptocurrency

Hindustan Times

The Taproot upgrade on Bitcoin, the latest version to go live this week, is being considered an immensely important one in the life-cycle of the cryptocurrency, and certainly the most significant in four years – ever since it received the ‘SegWit’ or ‘Segregated Witness’ update back in 2017. As the crypto-reality takes hold of our markets, it is important to …

Cryptocurrency Bitcoin Upgrade Transactions Ethereum Smart Contracts Taproot

3 years, 1 month ago

Explained | Bitcoin goes through major upgrade. Here is what it means

The Hindu

Bitcoin went through a major upgrade on Sunday that enables its blockchain to execute more complex transactions, potentially widening the virtual currency's use cases and making it a little more competitive with Ethereum for processing smart contracts. Noelle Acheson, head of market insights at Genesis, a digital currency prime broker, said bitcoin's potential applications have become broader with Taproot. However, …

Contracts Smart Block Upgrade Transactions Ethereum Smart Contracts

3 years, 9 months ago

Kings of Leon think NFTs are the future of the music industry, but WTF is an NFT?

The Independent

Sign up to Roisin O’Connor’s free weekly newsletter Now Hear This for the inside track on all things music Get our Now Hear This email for free Get our Now Hear This email for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. U2 were among the first top tier acts to …

Music World Future Industry Access Digital Bitcoin

4 years ago

The possibilities Ethereum offers and how it works

Live Mint

Following the Reserve Bank of India’s judgment lifting the ban on cryptocurrency payments, they have gained traction in India. The three important concepts to know about ethereum are smart contracts, decentralization, and privacy. Smart contracts: The question ethereum’s inventor, 19-year-old Vitalik Buterin, asked in 2013 was basically this: what if you could put conditions on the payments being made on …

Contract Contracts Value Smart Smart Contracts Ethereum Blockchain

4 years, 2 months ago

Cryptocurrency has the power to revolutionise a corrupt banking system