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The blockchain proof of concept (PoC) many Fortune 500 companies are already investing heavily in a blockchain proof of concept (PoC) and distributed ledger technology, exploring use cases for their own business operations and for customers (including B2B and consumer applications). A recent Gartner survey revealed that 66% of CIOs and IT leaders believe blockchain will create business disruption have been established budgets to experiment with the technology; 5% of those surveyed said they will spend more than $10 million on blockchain in the next 5-10 years. As a forward-looking technology and/or business leader, you are probably contemplating the potential for disruption in your industry may be even wondering about how you can leverage Cryptocurrency development blockchain to create a competitive advantage for your business. A Proof of Concept (POC) is used to demonstrate the feasibility and practical potential of any blockchain project in any field such as Ener...

Ethereum is a platform that's built specifically for creating smart contracts. How smart contracts work It's worth noting that bitcoin was the first to support basic smart contracts in the sense that the network can transfer value from one person to another. The network of nodes will only validate transactions if certain conditions are met. But, bitcoin is limited to the currency use case. By contrast, ethereum replaces bitcoin's more restrictive language (a scripting language of a hundred or so scripts) and replaces it with a language that allows developers to write their own programs. Ethereum allows developers to program their own smart contracts, or 'autonomous agents', as the ethereum white paper calls them. The language is 'Turing-complete', meaning it supports a broader set of computational instructions. Smart contracts can: Function as 'multi-signature' account...