1 December 2021, Shengnan Li, 84 views
We will discuss the concept of smart contracts following the definition of Szabo and compare it to its current use in the blockchain community. From there we will develop the concept of smart financial contracts and relate it to the open-source standard ACTUS (www.actusfrf.org). We demonstrate its wide use independent of any technology, especially their digital nature which makes them the ideal type of digital assets. Finally, we will discuss tokenization and its relationship to smart financial contracts.
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