{"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='Uzbek government passes bill allowing online currency exchange'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/uzbek-government-passes-bill-allowing-online-currency-exchange\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/hand-with-a-card-next-to-a-laptop_1208-197-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9266\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9266'>\n\t\t\t\tUzbek government passes bill allowing online currency exchange\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='New Kazakhstani financial services group created to better leverage digital technologies'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/new-kazakhstani-financial-services-group-created-to-better-leverage-digital-technologies\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/07\/new-kazakhstani-financial-services-group-created-to-better-leverage-digital-technologies-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13275\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13275'>\n\t\t\t\tNew Kazakhstani financial services group created to better leverage digital technologies\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Kazakhstan increasingly moving to remote payment channels'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/kazakhstan-increasingly-moving-to-remote-payment-channels\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/surfing-the-internet-concept_1325-252-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-8896\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/surfing-the-internet-concept_1325-252-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/surfing-the-internet-concept_1325-252-300x300.jpg 300w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/surfing-the-internet-concept_1325-252.jpg 626w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8896'>\n\t\t\t\tKazakhstan increasingly moving to remote payment channels\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. Uzbek government passes &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}]}}