Importance of Smart Contract Templates for Future Development

A report titled ‘Smart Contract Templates: foundations, design landscape and research directions’ was published recently, examining some areas of focus and interest for the future of smart contracts. Christopher D. Clack Centre, Blockchain Technologies Department of Computer Science at University College London; Vikram A. Bakshi and Lee Braine from Investment Bank CTO Office at Barclays, covered a framework for smart contracts with both operational and non-operational aspects.

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Using Blockchains for IoT in Facilities Management

One of the areas that could have significant potential for blockchain-enhanced IoT tech is facilities management. The advent of smart cities and intelligence buildings is transforming the facilities management and maintenance industry, applying new technologies to enhance operations, safety, security, and customer experience. This will require usage of a multitude of sensors and devices for the many different areas of facilities operation. 

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Citi is Bullish on Blockchain and IoT

A decentralized payment system is likely a key technological innovation that will enable new ways for machines and computers to interact with each other. The possibilities offered by programmable money and the use of distributed networks to offer on-demand computer power have the potential to bring a boost in efficiency by reducing machine idleness in exchange for fees."

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Zerado and Trade Finance

Our technology builds upon Blockchain to allow non-financial institutions to invest and fund a manufacturing contract, to maintain the record of past performance and provide it transparently to the ultimate buyer who quickly can become aware of any delays or issues down the chain, and to enable SMEs (Small and Medium Enterprises) to raise funds for manufacturing on the basis of the purchase order they managed to solicit.

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