Sweetbridge: New research from the Open Data Institute: How Smart Contracts can be useful for businesses
Download a free and open analysis from a leading UK technology analyst group who consulted several blockchain SMEs on the topic, including Sweetbridge.Are smart contracts — rules that automatically execute as soon as specified conditions are met — the master key to enabling more efficient trust in business?Done correctly, we believe so. And we’re in good company:Sweetbridge aims to demonstrate how the rule of law, regulation, economic incentives and brand recognition can work in concert with technology to enable trust. This paper, from the Open Data Institute, examines, in particular, how the design and context of these technologies, like Sweetbridge, is the touchstone that ultimately matters.We highly recommend taking a look at this entirely free research paper from the team at the ODI — Jamie Fawcett, James Maddison and Robert Keller.Video overview of Smart Contracts on theODI research site.Intro from the ODI Research site:All daily interactions between people, businesses and other organisations are underpinned by trust — each party trusts that the other will behave in a certain way. Trust is central to the functioning of society and the economy. Technology has long played a part in informing trust in interactions, particularly in recent decades.The latest set of emerging technologies that have been mooted as having the potential to play a role are distributed ledgers and, in particular, smart contracts. In this report, we examine the potential of distributed ledger technologies to inform trust, focusing on the role of smart contracts.How can smart contracts be useful for businesses? (report)The report is entirely open and free to view or download. It’s also open for feedback and has no signup necessary—so get your own copy. Sure wish more excellent research was underwritten this way for the good of the community!New research from the Open Data Institute: How Smart Contracts can be useful for businesses was originally published in Sweetbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.
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