{"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 (29th June \u2014 8th 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-29th-june-8th-july\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/07\/307e88af-5cc9-03d1-8d4b-2bf8e8cdd0941-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16152\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16152'>\n\t\t\t\tBFC FinTech Monitor (29th June \u2014 8th July)\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Idram now repayment option for Anelik Bank clients'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/idram-now-repayment-option-for-anelik-bank-clients\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/09\/Idram-now-repayment-option-for-Anelik-Bank-client-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-6753\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/09\/Idram-now-repayment-option-for-Anelik-Bank-client-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/09\/Idram-now-repayment-option-for-Anelik-Bank-client-100x100.jpg 100w\" 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-1-6753'>\n\t\t\t\tIdram now repayment option for Anelik Bank clients\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='10 artificial intelligence trends for 2020'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/10-artificial-intelligence-trends-for-2020\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/12\/10-artificial-intelligence-trends-for-2020-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14294\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14294'>\n\t\t\t\t10 artificial intelligence trends for 2020\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}]}}