In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century.
All of this translates quite nicely into the corporate world. Any business operation often incorporates a specific sequence of actions that the company loops through again and again. Sounds a bit like a computer algorithm, doesn’t it? The same goes for a contract, especially with its terms and conditions easy to imagine as a set of constants with if-else terms and conditions. An automated and self-enforcing contract greatly reduces operational uncertainty.
Stablecoin issuers should not get too enthusiastic about this picture either. It's true that now they are positioned much better for enabling all things business-to-business since they do offer tentative stability, which is what businesses need. Those of them who manage to get into B2B blockchain projects right now might as well turn in a nice profit. Further down the line, though, they may end up dethroned by central bank digital currencies .
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