If you work in tech, law, business, finance or a related area, blockchain should be on your radar. It is changing and will change many services you use – both related to your professional life, as well as to your personal one. Like other transformative technologies that have emerged it will require you to get up to speed on how it affects your profession – yet, unlike other technologies that preceded it, blockchain will not only require that you get up to speed from the perspective of your discipline but also gain literacy in the peripheral disciplines.
Smart contracts will allow for you to enter into digital agreements that are tamper-proof and automatically execute, guaranteeing your interests – as well as the other parties – as long as the smart contract is correctly programmed. How would you know if the smart contract is correctly protecting your interests? While many tools are being developed to allow for non-programmers to both read and write smart contracts, the smart contract domain is still very focused around software developers. Will everyone be required to become a developer to interact with smart contracts? Most definitely not, but professionals will be required to be smart contract-literate. Tools will undoubtedly continue to be developed to enable for non-programmers to interact with smart contracts in the future – yet, even with such tools literacy to be able to reason about encoded logic will be required. Becoming smart contract-literate will become vital.
Continue reading: https://timesofmalta.com/articles/view/blockchain-the-need-for-tech-law-business-and-finance.914925
Smart contracts will allow for you to enter into digital agreements that are tamper-proof and automatically execute, guaranteeing your interests – as well as the other parties – as long as the smart contract is correctly programmed. How would you know if the smart contract is correctly protecting your interests? While many tools are being developed to allow for non-programmers to both read and write smart contracts, the smart contract domain is still very focused around software developers. Will everyone be required to become a developer to interact with smart contracts? Most definitely not, but professionals will be required to be smart contract-literate. Tools will undoubtedly continue to be developed to enable for non-programmers to interact with smart contracts in the future – yet, even with such tools literacy to be able to reason about encoded logic will be required. Becoming smart contract-literate will become vital.
Continue reading: https://timesofmalta.com/articles/view/blockchain-the-need-for-tech-law-business-and-finance.914925
