Encrypting Trust For A Truly Programmable Economy

Sep 11, 2015

[Published in Bdaily]

As it stands, all banks, escrow agents and other financial intermediaries are required to hedge risks in transactions between untrusted parties. But what if you could bypass this need for intermediaries, at a stroke lowering transaction costs and removing unnecessary complexities? Sopra Banking Software’s Dr David Andrieux discusses this new class of self-enforcing measures or the rise of ‘smart contracts’.

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