16 Dec 2018 00:00:00 AM Последние новости
ZeroHour reached 140 active walletsImportant news about trading on zh.exchangeWhat is ZeroHour?ZH Cash network testing completedCentralized support serviceWe have some very important newsMeer CryptobrokerZeroHour Platform Official Exchange LaunchX11 Algorithm is available at ZHcash Mining PoolNew Briastrom AdvisorsThe actual launch of BrokerCoin (BC) on the basis of our own platform ZHCashBriacoin is added to BlockfolioOpening of mining pool on ZHcashBriacoin is listed at CoinMarketCapCryptonization: The Truth About the Crypto-CurrencyMake passive income with ZHcash nodesToken price and time framesBriastorm Pre-ICO. 12% of planned volume has been already sold.Briacoin is now listed at Bitscreener.comBriacoin deposit is now available in CPS-platform personal accountCheck the Briastorm CRM-platformICO vs. venture investment. Who is bigger?Cryptonization 2018 in Almaty7 steps to evaluate the ICO teamOn May 22, 2018, the State Duma passed the law "On Digital Financial Assets" in the first reading.Why blockchain is necessary for CPS-networks?Now you can freely invest in BriastormDelisting ALT token from marketing!Important information! Launching of a new Briastorm product — Cryptocurrency Broker (Beta-version)From the 1st of June, there will be our Cryptobroker Briastorm partner program revealedA new version of the wallet has been releasedUpdate of the Briacoin blockchain network to PoS ver.3 and release new version of the walletNews from developers Briastorm Blockchain / January - March 2018.Blockchain Meetup - Conference in AstanaAbout BRIA CorporationPortal start

What is a smart contract?

We constantly say that all participants of Briastorm CPS platform are protected by a smart contract. Let's figure out what a smart contract is and why it's needed.

A smart contract is a computer algorithm. Its purpose is the transfer of information and enforcement of contract terms by both parties. Such contracts make it possible to carry out reliable and confidential transactions without the participation of external intermediaries like banks or state bodies. These transactions are traceable, transparent and irreversible.

Smart contracts contain information about the obligations of the parties and monitor their compliance. Also, the contracts themselves automatically monitor compliance with all the terms of the contract.

Required attributes of smart contracts:

- use of electronic signature methods based on public and private keys available to two or more parties of the agreement;
- presence of a private decentralized environment (for example, Ethereum), in which smart contracts are recorded;
- the subject matter of the contract and the availability of instruments necessary for its execution
- precisely described conditions for its execution, which parties confirm with a signature

The main advantages of smart contracts:

- autonomy (to confirm the transaction, you do not need to look for an intermediary in the person of a broker, bank, notary, etc.);
- reliability and security (a multiple-duplicated contract is stored in an encrypted form in the blockchain);
- speed - thanks to the blockchain many intermediaries are eliminated and processes are automatized;
- accuracy - due to automation and minimization of manual work, the probability of errors is reduced.

Smart contracts on the Briastorm platofrm guarantee a transparent relationship between the advertiser and the webmaster. They work directly without intermediaries, the formation of links and accesses process automatically.