With the growing influence of the blockchain industry all over the globe, people continue to be exposed to new concepts all the time that sound confusing to some. Smart Contracts are a relatively new technology, powered by public blockchains. Their advantages over the traditional contracts include a lack of need for third parties, saving money
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Words like Blockchain, ICO, cryptocurrency and smart contracts are creating a lot of buzz, yet may seem somewhat misunderstood at times. But fear not, they are not rocket science. The blockchain technology is actually a combination of three basic and proven in time practices – cryptography, P2P networking and a framework, called protocol, to combine
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