Before we define Smart Contracts, we have to address the bedrock upon which the concept of Smart Contracts is actually based – Blockchain. Based upon the three core fundamentals – Decentralisation, Transparency and Immutability, Blockchain is a type of Distributed Ledger Technology (DLT) that stores data in blocks that are then linked together via a… Continue reading What are Smart Contracts and how do they work ?
Tag: Finance
AI and the World
If we go by the definition on Wikipedia, AI is intelligence demonstrated by machines, as opposed to the natural intelligence displayed by animals including humans. Founded as an academic discipline in 1956, AI today in the mid of 2022 still feels like a new-age concept to many. Many hollywood movies like Iron Man series, Interstellar,… Continue reading AI and the World