Bitmover,

Thank you for you reply.
I wish you a good day.

Best,
Big

Patentico, Bitmover,

Thank you both for your answers. That is helping a lot.
One more question though, the permissioned BC application I am documenting would be animated by a few people that would not necessarily have a lot of computing power.
In such case I understand that PoW would not be adequate. Especially that rapidity is a key element here. Therefore, would PoS be more adequate? Or is there other process more appropriate for small BC?

Best regards,
Big

Hi everyone,

My question is not about crypto currency but about the way smart contracts work.
I am trying to understand how do we run / validate smart contracts in a permissioned block chain. Knowing that these smart contracts have for only purpose to transmit information from A to B. They do not involve ownership of assets or right of use.

What I don't understand is:
-do we need miners to validate and "activate" smart contracts once the conditions are met?

-does smart contract need to passe through a block to be executed? If yes, what king of process work the best (proff of stake?). If no, can I assume that no particular computer power is needed?

-lastly, under what form the information would go through the block chain? Would it be tokens?

Knowing that in this example no parties are interested in earning rewards or money. The only purpose is to have an automated block chain that moves information around based on certain criteria.

Thanks a lot
Big