smart contracts (1)

Newsletter
Dear Global Risk Community member, Mar 25, 2019

Smart contracts are software programs stored on a blockchain that automatically execute some form of digital asset exchange if conditions encoded in them are met. Entrepreneurs are pitching their use for everything from money transfers to intellectual-property protection. But it’s still early in their development, and researchers are finding bugs in some of them. So are hackers, who have exploited flaws to steal millions of dollars’ worth of

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