Hey guys, what are smart contracts? is there a difference between normal contracts and smart contracts?
Yes, by definition, a smart contract refers to any contract capable of automatically enforcing itself without a third-party between the individual participants.
Thanks for all the answers. Is it a computer program?
Yes, smart contracts are written as computer programs, rather than in legal language on a printed document.
Thanks for the information team.
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BoardAnnouncements (Altcoins)
Re: MoviesChain by TVzavr Announcement - Decentralized Film Distribution Platform
Hey guys, what are smart contracts? is there a difference between normal contracts and smart contracts?
Yes, by definition, a smart contract refers to any contract capable of automatically enforcing itself without a third-party between the individual participants.
Thanks for all the answers. Is it a computer program?
Post
Topic
BoardAnnouncements (Altcoins)
Re: MoviesChain by TVzavr Announcement - Decentralized Film Distribution Platform
by
bealarev
on 13/05/2018, 01:07:22 UTC
Hey guys, what are smart contracts? is there a difference between normal contracts and smart contracts?
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BoardAnnouncements (Altcoins)
Re: MoviesChain by TVzavr Announcement - Decentralized Film Distribution Platform
Hello guys, how about the access permissions for the video content? do the content creaters control it?
Yes, independent film rights owners can customize conditions of access to the video content under the terms of Ricardian smart contracts. This will allow independent films rights owners both to dictate and enforce the terms of access to the video content.
I've not heard about Ricardian smart contracts before. what is it guys?
Me neither. Isn't that a normal contract?
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Re: MoviesChain by TVzavr Announcement - Decentralized Film Distribution Platform