smart contracts

A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.

(source: en.wikipedia.org)

‘Decentralization Theater’ and the Myth of DeFi
‘Decentralization Theater’ and the Myth of DeFi
September 08, 2022  |  Cryptocurrency

When the well-known crypto industry lawyer Preston Byrne found his Twitter profile had been used to create one of some 20,000 profiles prepopulating a new...

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PYMNTS Cryptocurrency Glossary: Decentralized Finance or DeFi
PYMNTS Cryptocurrency Glossary: Decentralized Finance or DeFi
August 10, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and also...

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Ethereum 2.0 Targeted for September with 100,000 TPS Close at Hand
Ethereum 2.0 Targeted for September with 100,000 TPS Close at Hand
July 19, 2022  |  Cryptocurrency

If all goes according to plan, Ethereum’s shift to an environmentally friendly blockchain capable of scaling vastly beyond what would be needed to make it...

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Blockchain in Action: Taming Complexity, Costs in the Insurance Business
Blockchain in Action: Taming Complexity, Costs in the Insurance Business
June 06, 2022  |  Blockchain

Welcome to the sixth article in PYMNTS’ Blockchain in Action Series. Most people at least know that blockchain is the technology that Bitcoin and other...

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DeFi’s Self-Executing Payouts Enable Crop Insurance for Small Farmers in Africa
DeFi’s Self-Executing Payouts Enable Crop Insurance for Small Farmers in Africa
March 23, 2022  |  Blockchain / Distributed Ledger

The vast majority of Africa’s 300 million subsistence farmers find crop insurance, a basic farming financial tool, impossible to get. But a new coalition of...

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New Report: 58 Percent Of Multinational Firms Are Using Cryptocurrency
New Report: 58 Percent Of Multinational Firms Are Using Cryptocurrency
August 11, 2021  |  Cryptocurrency

In spite of their price volatility and regulatory uncertainty, new PYMNTS research shows that 58 percent of multinational firms are already using at least one...

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Finding The Right Tech Mix For Dutch SMB Finance
Finding The Right Tech Mix For Dutch SMB Finance
April 13, 2020  |  B2B Payments

While small businesses across the globe face pressing cash flow challenges, in the Netherlands, small suppliers’ payment cycles were already feeling the squeeze before coronavirus...

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Blockchain Tackles Farming’s Cash Flow Bottlenecks
Blockchain Tackles Farming’s Cash Flow Bottlenecks
March 31, 2020  |  B2B Payments

Cash flow is king for independent farmers operating with thin margins and wide exposure to a variety of risks, from economic downturns to inclement weather....

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Bitcoin Daily: Deribit Crypto Exchange Flees Netherlands’ Tight Regulation; Illinois Now Recognizes Blockchain Contracts As Legally Binding
Bitcoin Daily: Deribit Crypto Exchange Flees Netherlands’ Tight Regulation; Illinois Now Recognizes Blockchain Contracts As...
January 10, 2020  |  Bitcoin

Deribit, a popular global cryptocurrency options exchange, is moving to Panama in February to sidestep the Netherlands’ upcoming regulation changes on the industry, according to...

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