Smart contracts use blockchain technology to create a digital ledger that records all transactions. The terms of the contract are encoded into the code, and the execution of the contract is automatic ...

Since its introduction in 2014 the Solidity programming language has become the de facto standard to write smart contracts on the Ethereum blockchain network. Solidity is so popular that numerous ...

The Ethereum network brought smart contracts into the blockchain space, making concepts like decentralized finance (DeFi) possible. Smart contracts can automatically execute processes once certain ...

Ted Mlynar and Ira Schaefer are partners in the Intellectual Property practice at Hogan Lovells in New York City. They advise on patent and other intellectual property issues relating to blockchain ...

More than 20 years ago, Nick Szabo proposed the use of a 'smart contract' to reduce fraud and enforcement costs associated with traditional paper contracts. His smart contract would be implemented as ...

Synthetic Minds, a company that is using Program Synthesis to automate the analyzing and synthesizing of computer code, is taking aim at blockchain technology to create infallible smart contracts. And ...

Smart contracts are self-executing lines of code that run atop blockchains and are triggered once a set of predetermined conditions are met. They are used to automate the execution of online ...

Bitcoin was invented to replace banks, but underlying technology - blockchain – proved it could replace almost any intermediary. It did not stop there; now that we had digital money, we could do ...