{"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: the impact of alternative lenders in the next 5 years'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-the-impact-of-alternative-lenders-in-the-next-5-years\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/What-impact-will-alternative-lenders-have-had-upon-lending-in-5-years-time-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9856\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9856'>\n\t\t\t\tVideo: the impact of alternative lenders in the next 5 years\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The Transformation of the Digital Banking Chief Information Officer (CIO)'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-transformation-of-the-digital-banking-chief-information-officer-cio\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2016\/10\/digital-cio-100693749-large-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-3672\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-3672'>\n\t\t\t\tThe Transformation of the Digital Banking Chief Information Officer (CIO)\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Infographic: the changing landscape of payments'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/infographic-the-landscape-changing-of-payments\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/05\/PSD2-Instant-Payments-EN-1-1-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12799\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12799'>\n\t\t\t\tInfographic: the changing landscape of payments\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: the impact &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}]}}