Whether enforced by a government, or otherwise, the contract is the basic building block of a free market economy.
AfricaOSH - 0 views
Baltimore Underground Science Space - 1 views
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Non-profit public laboratory This lab offers membership fees with each category having different privileges This is how they are handling accountability, in one sense. https://bugssonline.org/membership/ "Whistleblower Policy"
Smart Contracts - 0 views
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A smart contract is a set of promises, specified in digital form, including protocols within which the parties perform on the other promises.
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The basic idea of smart contracts is that many kinds of contractual clauses (such as liens, bonding, delineation of property rights, etc.) can be embedded in the hardware and software we deal with, in such a way as to make breach of contract expensive (if desired, sometimes prohibitively so) for the breacher.
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Smart contracts · FellowTraveler/Open-Transactions Wiki · GitHub - 0 views
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Once voting groups are someday eventually added to OT, they will also be able to act as parties to agreements, and they will be able to take a vote in order to change their own bylaws!
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Scripted clauses can also be configured to trigger on certain events.
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Smart contracts are most distinguished by the fact that they can have scriptable clauses
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