smart contracts Archives

Blockchain smart contracts are finally solving the “oracle problem”. Can smart contracts go mainstream now? Even as the theoretical evidence for the efficacy and revolutionary impact of blockchain and smart contracts on essentially everything keeps piling up, the Oracle problem stands as a major roadblock for the real-world adoption of the technology.

January 31, 2019 by Naveen Joshi

There seem to be very few functions, businesses, and industries that are likely to remain untouched by the impending blockchain revolution. And their numbers are decreasing as new applications for…

Blockchain Technology

Blockchain enabled smart contracts: all you need to know Smart contracts have been in the picture for some time now. They are making the establishment of contractual relationships among mutually unknown parties easy and safe. With blockchain as their underlying technology, smart contracts are changing the way we do business.

August 24, 2017 by Naveen Joshi

The concept of smart contracts dates back to 1997. Vending machines, introduced that year, are the simplest version of this concept. These machines release an item only after it has…