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  • Blockchain and Smart Contracts in a Business Process

    Buying something through an internet portal, for example a car, normally involves two parties who don’t trust each other; a buyer and a seller. The portal is just a broker so either the buyer must transfer money before getting the ordered item, or the seller must send the item before getting the money. To overcome this lack of mutual trust, Bernd Rücker claims that a blockchain can be used.

  • Hyperledger Steering Committee Approves First Ethereum Project

    In a recent blog post on the Hyperledger project website, Brian Behlendorf, executive director of the Hyperledger project, announced that the Hyperledger Technical Steering Committee has approved a proposal, submitted by Monax and Intel, to incubate the first Ethereum derived project called Burrow, a permissionable smart contract machine.

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