/biz/ - Business & Finance

>>13070263
>SMART CONTRACTS
>Smart contracts have enormous economic potential due to their frictionless nature. Smart contracts can increase the speed of transactions, executing them almost instantaneously. A seemingly limitless number of miniature transactions can take place, on a rapid basis, through smart contracts. For example, a standardized swap transaction documentation may be represented by a smart contract that, among other things, automates the exchange of margin payments among counterparties and reports transaction data to regulators. This utility can be used to create disintermediated business processes: where payments across entire supply chains are streamlined, and equity holders or employees are compensated automatically upon the occurrence of certain events. The potential economic gain can be furthered with the addition of other types of new technologies, such as IoT-enabled devices. For example, an IoT device, such as a smart-meter on a home, could record and log the usage of electricity. If the home is generating excess energy from a solar panel, the IoT device can automatically execute smart contracts to sell the unused energy to the grid via ChainLink.

>>13007314
Money 100%.

Anybody have a high res RLC ChainLink cube? I need it for a school project. Thanks.

Looks like we are back bois.

gib