Mastek Blog

Smart Contracts: Benefits and Use Cases

[fa icon="calendar'] 27-Oct-2016 11:21:46 / by Kunal D. Jethwani posted in smart contracts, blockchain

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What are Smart Contracts?

Almost all prominent blockchain platforms now extend their capabilities in the form of smart contracts. A general definition of a smart contract  is a computer programme that can automatically execute the terms of a contract. They extend the utility of blockchains from simply keeping a record of financial transaction entries to automatically implementing terms of multiparty agreements.

 

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Do you think Blockchain will work in Financial Services?

[fa icon="calendar'] 05-Oct-2016 16:23:58 / by Aravindan Thangaraj posted in blockchain, Financial Services

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There is a lot of hype around blockchain technology. Yet, it has no live, large scale implementations within the financial services sector.  The fact remains that blockchain holds great potential in transforming the way we do business.

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Four Key Blockchain Platforms: Their Use Cases in Financial Services

[fa icon="calendar'] 28-Sep-2016 15:29:36 / by Kunal D. Jethwani posted in blockchain, Financial Services, Fintech

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Blockchain. More than just the New Kid on the Block

[fa icon="calendar'] 24-Aug-2016 09:29:31 / by Pratip Mallik posted in blockchain

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With all the hype around it, you could be forgiven for believing that blockchain is just another fad. Especially, since at a fundamental level, blockchains are glorified databases. However, pigeonholing this technology would be an underestimation of the disruptive potential it offers. I believe that it is poised to revolutionise business and commerce the way the World Wide Web did in the first decade of the 21st century.

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