{"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='BFC FinTech Monitor (1st \u2014 15th April)'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-1st-15th-april\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/04\/184508e0-4667-4f0a-be41-b299f01f186a1-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15976\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15976'>\n\t\t\t\tBFC FinTech Monitor (1st \u2014 15th April)\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Infographic: 50 disrupting FinTech facts about mobile wallets and payments'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/infographic-50-disrupting-fintech-facts-about-mobile-wallets-and-payments\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/mobile_wallets_infographic-2-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9611\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9611'>\n\t\t\t\tInfographic: 50 disrupting FinTech facts about mobile wallets and payments\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Infographic: the state of the internet of things'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/infographic-the-state-of-the-internet-of-things\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/11\/iot-infographic-final-01052018-1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11741\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11741'>\n\t\t\t\tInfographic: the state of the internet of things\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. BFC FinTech Monitor &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}]}}