• Why Ricardian contracts, not Smart Contracts, are Blockchain’s Killer Application

    Smart contracts have been dubbed the killer application of distributed ledger technology. Within every industry, smart contracts will provide significant efficiency benefits. They will reduce transaction times between stakeholders from weeks to minutes or seconds. Especially within global supply chains, smart contracts will kickstart data-enabled collaboration. They can offer trust, provenance and security while enabling instant transactions. Smart contracts may seem revolutionary, but they are nothing new. In fact, they have been around for a long time. Smart contracts are already in place[...]

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    What Does Telegram’s ICO Mean for the World of Crypto?

    A few weeks ago, the Telegram white paper leaked. The white paper discusses Telegram’s plans to build a decentralised ecosystem, launch a variety of Blockchain services and, of course, the Telegram Open Network (TON) comes with their own cryptocurrency called Gram. There are various rumours that Telegram is looking to raise at least $500 million in a pre-ICO sale and another $500 million in the actual ICO. As such, it could become the largest crypto raise to date and have a significant impact. However, it all depends on how Telegram will approach their ICO. After all, the current trend [...]

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