AZ Coin News: [Chainlink] Brand-Based vs. Math-Based Agreements Featured

  • Wednesday, 24 February 2021 15:16
Today, the relationships that most people have with existing institutions are brand-based agreements—paper promises that require you to  trust an organization to follow through on their obligations because of their reputation alone. Brand-based agreements always face counterparty risk, the probability that one party in a transaction will default on its contractual obligations. With smart contracts, […] The post [Chainlink] Brand-Based vs. Math-Based Agreements appeared first on AZCoin News.

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