September 24, 2015
What is a Smart Contract?
Bloomberg BNA
In our last article, we set forth the basic framework and mechanics of the blockchain, which we illustrated through a very simple transaction: we transferred a Bitcoin to our friend, Alex.
In this article, we will build on our basic understanding of the blockchain and discuss more complicated objects (or relationships) that can reside on the blockchain — smart contacts.
Related Insights
CFPB Preliminary Injunction on Pause: D.C. Circuit Weighs In
Judicial Lifeline: Federal Court Temporarily Halts CFPB Changes
What You Need to Know About the Recalibrated Corporate Transparency Act