Legal Issues with Smart Contracts
Smart contracts in Web3 have been used in a wide variety of applications such as decentralized transactions, NFTs, DAOs, and Dapps. These programmable contracts have the ability to solve the hassle involved with traditional binding contracts incorporated in everyday business such as supply chain and insurance payments. They have truly revolutionized the world but one […]
Top 5 Real-World Smart Contract Use Cases
Smart contracts are transforming the digital world. Their use cases range from simple digital handshakes to borrowing millions of dollars in flash loans with no collateral, illustrating the scope of what was once beyond our imagination. The futuristic approach to smart contracts is rooted in their nature as self-executing pieces of code that fulfill the […]
Smart Contract Cash Flow: Maximizing Efficiency and Returns
Smart contracts may be an oxymoron and are not necessarily ‘smart’. Their functionality depends entirely on the quality of the data they receive and the code that governs them. Like a smartphone or smart TV, which simplifies tasks but is not really ‘intelligent’, these contracts automate transactions based on predefined rules. Their effectiveness depends on […]
Smart Contract Audit Cost: Comprehensive Breakdown
As blockchain technology advances rapidly, smart contracts are garnering significant attention. These self-executing pieces of code are revolutionizing the digital world, with applications spanning finance, IoT, supply chains, and entertainment. The potential for smart contracts is immense, evidenced by the projected growth of the global smart contracts market from $2.14 billion in 2024 to $12.55 […]
How Smart Contacts are Disrupting Real Estate Sector?
When we think about real estate, our minds immediately jump to an exhausting long period of excessive paperwork, legalities, third-party negotiation costs, and a slow process of transaction. Not to mention, our minds also get extra alerts for fraud and stealing. Therefore, we can’t help but wonder if there could be an easy way to […]
Hybrid Smart Contracts Explained
Hybrid smart contracts can bring tamper-proof and immutable properties to the blockchain ecosystem while leveraging secure off-chain oracle services to attain complex capabilities such as correct order, confidentiality, connectivity, and sequencing. Since the rise of blockchain, smart contracts have been driving the Web3 industry towards global adoption. These decentralized smart contracts have given sovereignty to […]
What are Smart Contract Wallets? A Beginner’s Guide
On March 1st, 2023, the Ethereum Foundation successfully launched the ERC-4337 account abstraction. This development fueled excitement around the potential of smart contract wallets. However, as news emanated, leading providers of existing smart contract wallet solutions were quick to highlight that such technologies were not entirely new to the blockchain ecosystem. So, what sets […]
Advantages and Disadvantages of Smart Contracts in Blockchain Technology
Smart contracts play a pivotal role in setting the foundation of blockchain technology, heralding a new era of automated transactions that are secure, transparent, and efficient. However, like any technology, they come with their own set of challenges and limitations. This article aims to shed light on the advantages and disadvantages of smart contracts, supported […]
Top 10 Smart Contract Vulnerabilities List By BlockApex
In the ever-evolving landscape of blockchain technology, smart contracts have revolutionized how transactions and agreements are executed. However, their potential is matched by their vulnerabilities. While offering unparalleled benefits, smart contracts’ immutability and decentralized nature also make them prime targets for exploitation. Understanding and addressing these smart contract vulnerabilities cannot be overstated, as they can […]
How to Conduct a Smart Contract Audit
To mitigate the risks and vulnerabilities in smart contracts and ensure the integrity of your project, a smart contract audit is essential. This article explores the world of smart contract audits, explaining what they are, why they are crucial for your business, and the various stages involved in the smart contract audit process. Key […]
