I don't understand how blockchain could be applied into business. Anyone has a real life example of the advantage of a smart contract?
Blockchain technically can be applied into every business which wants transparency in their operations.
Transparency and
immutability.
Yeah that! Being a programmer the word immutability keeps haunting me in my dreams!
[/quote]
Yes, immutability may sound a bit nightmarish, but only in some programming contexts. In other contexts, however, immutability is a good thing, such a smart contract, where terms are there for everyone to see and understand. There are fewer opportunities for misunderstanding when terms are there for all to see.
[/quote]