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Category: Smart Contracts

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Tutorial

Enterprises Fear Not. Blockchain Smart Contracts Are Upgradable and Blockchain Journal Proves It

Blockchain Journal kept hearing about a legendary obstacle to the adoption of blockchain as an application development platform; an inability to upgrade custom-developed code (known as smart contracts). If true, it would be a deal breaker for many organizations. But, as BCJ’s lab tests proved (and as the cool kids say), “that’s cap” (fake news).

Smart Contracts

By Bob Reselman

Published:June 21, 2023

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23 min read

Interview

Hyperledger Exec Director Waxes on Linux Foundation's Role in Driving Enterprise Blockchain Adoption

Hyperledger Executive Director Daniela Barbosa is no stranger to the need for, and the importance of, open standards and open source in driving technology adoption. Especially among enterprises. In fact, in a previous life, Barbosa was one of the original co-founders of the Data Portability Project (dataportablity.org) whose long-time focus has been the interoperability of data between dissimilar systems (a long-time obstacle to the sort of IT singularity that many enterprises wish for). As Barbosa explains to Blockchain Journal editor-in-chief David Berlind at World Economic Forum 2023, the Linux Foundation is heavily engaged in similarly driving open-source blockchain interoperability through multiple projects including Hyperledger itself (an open-source blockchain used for both permissioned and permissionless distributed ledgers) and Hyperledger Besu; an alternative Ethereum Virtual Machine (EVM) whose availability on multiple layer 1 chains is probably responsible for making EVM the defacto industry standard for blockchain smart contract execution (full-text transcript appears below).

World Economic Forum

Smart Contracts

Interoperability

By David Berlind

Published:January 20, 2023

Use Case

How an NFL Team (and its Fans) Could Have Benefitted from the Inherent Multi-Party Transparency of Public Blockchain

According to multiple lawsuits, the Washington Commanders, an NFL franchise, has allegedly misappropriated the financial deposits of its fans. Could blockchain’s multi-party transparency and auditability have simultaneously protected the interests of fans as well as the team, and even the NFL?

Multi-Party Transparency

Sports

Smart Contracts

DLT Strategy

Risk Management

Compliance

By David Berlind

Published:January 4, 2023

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10 min read

Smart Contract

What is the definition of a smart contract?When software developers use distributed ledgers to host custom-developed business logic and applications, those applications are often referred to as smart contracts. The phrase “smart contract” may semantically sound narrow in terms of possible use cases. However, the workflows and business processes to which smart contracts are suited are only limited by the innovative imaginations of developers and others who understand the unique value propositions...
Smart Contracts

Virtual Machine (VM)

A virtual machine (VM) is a software representation of a computer and VM technology that’s significantly relevant to Distributed Ledger Technology (DLT) as a platform for digital transformation, business innovation and industry disruption. A VM is able to run software that is completely independent from the underlying machine, aka “the host,” that it runs on. For instance, even though Microsoft’s Windows operating system and the applications that are written for it are technically incompatible w...
Smart Contracts
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Interview

Hyperledger Exec Director Waxes on Linux Foundation's Role in Driving Enterprise Blockchain Adoption

Hyperledger Executive Director Daniela Barbosa is no stranger to the need for, and the importance of, open standards and open source in driving technology adoption. Especially among enterprises. In fa...

World Economic ForumSmart ContractsInteroperability
By David BerlindPublished:January 20, 2023
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