{"id":7364,"date":"2017-12-05T08:02:08","date_gmt":"2017-12-05T08:02:08","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=7364"},"modified":"2018-06-27T08:37:38","modified_gmt":"2018-06-27T08:37:38","slug":"smart-contracts-explained","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/smart-contracts-explained\/","title":{"rendered":"Smart Contracts Explained"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Smart contracts are computer codes with predefined sets of rules that run on blockchains and set the conditions under for how all parties to the smart contract agree to interact with one another. If and when all the necessary conditions are met, smart contracts then auto-execute. Check&nbsp;out the infographic below&nbsp;<\/span><span style=\"font-weight: 400;\">to learn more.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-7366\" src=\"http:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/12\/Smart-Contracts-2.0-1.jpg\" alt=\"\" width=\"1100\" height=\"4915\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/12\/Smart-Contracts-2.0-1.jpg 1100w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/12\/Smart-Contracts-2.0-1-67x300.jpg 67w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/12\/Smart-Contracts-2.0-1-768x3432.jpg 768w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/12\/Smart-Contracts-2.0-1-229x1024.jpg 229w\" sizes=\"(max-width: 1100px) 100vw, 1100px\" \/><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-7364 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Video: why future bank branches will look like Apple stores'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-why-future-bank-branches-will-look-like-apple-stores\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/Why-the-bank-of-the-future-will-look-like-an-Apple-store-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-8906\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8906'>\n\t\t\t\tVideo: why future bank branches will look like Apple stores\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor (November 2023)'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-november-2023\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2023\/12\/bX8C611-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17400\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17400'>\n\t\t\t\tBFC FinTech Monitor (November 2023)\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor 5th \u2013 12th July'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-5th-12th-july\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/07\/ed446276-d3ab-4276-a5bc-3377a9203ea11-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15142\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15142'>\n\t\t\t\tBFC FinTech Monitor 5th \u2013 12th July\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Smart contracts are computer codes with predefined sets of rules that run on blockchains and set the conditions under for how all parties to the smart contract agree to interact with one another. If and when all the necessary conditions are met, smart contracts then auto-execute. Check&nbsp;out the infographic below&nbsp;to learn more. Video: why future &hellip;<\/p>\n","protected":false},"author":5,"featured_media":7665,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,367],"tags":[45,35],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7364"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=7364"}],"version-history":[{"count":4,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7364\/revisions"}],"predecessor-version":[{"id":10138,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7364\/revisions\/10138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/7665"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=7364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=7364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=7364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}