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June 28, 2018, 02:04:29 PM |
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Hello everybody. I wanted to know from you whose smart contract is better : Ethereum,EOS,NEO,NEM,Cardano,Lisk,
What is a smart contract?
Smart contracts can facilitate the transfer and exchange of money or property in a transparent way, all while avoiding the services of a middleman.
Smart contracts also define all of the obligations and potential penalties involved in an agreement, much like traditional contracts do, but the smart contract platform also automatically enforces all of these obligations and penalties. These smart contract platforms essentially allow the development of decentralized applications to run on the network. Ethereum is currently by far the largest and most successful platform for decentralized applications, However, there are many new platforms that surpass Ethereum such as EOS, NEO, NEM ...
Examples of smart contracts in real life.
Smart contracts provide identification. What is considered in the future as an opportunity to hold elections in the country through blockchain voting.
For example, you took a loan from a bank for a car. In case you did not make a monthly payment, the machine is blocked.
You ordered the goods through the online store. Your payment for the goods is fixed in the blockchain and only after confirmation of the courier service that the goods you took and are satisfied with its quality, the money comes to the seller.
Which platform do you think will outstrip Ethereum in the distant future. And what is the best platform for investing in the long term?
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