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March 29, 2018, 03:22:04 PM |
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Hello A Smart Business Contract on the CyberMiles blockchain is analogous to the Smart Contract on the Ethereum blockchain. It is executed by the blockchain node, and validated by the miner when a new block is created. The main difference between #CyberMiles Smart Business Contract and Ethereum Smart Contract is that, instead of writing every application from scratch, a Smart Business Contract would have access to an integrated stack of powerful business software middleware. In the CyberMiles blockchain system, there is still a concept of decentralized applications (DApps). A CyberMiles DApp would manage all data and logic that should not be stored on the blockchain for privacy or performance reasons.
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