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Blockchain Development for Finance Projects
book

Blockchain Development for Finance Projects

by Ishan Roy
January 2020
Intermediate to advanced
530 pages
11h 11m
English
Packt Publishing
Content preview from Blockchain Development for Finance Projects

Building a Letter of Credit Workflow Module Using Smart Contracts

Smart contracts are excellent tools for building automated and transparent workflows. In addition to this, the advantage that blockchain provides in terms of immutability and auditability gives architects the ability to design efficient smart contracts give architects and developers the ability to design efficient. enterprise-grade workflows that can integrate with legacy IT systems and business processes. An escrow is a great example of a use case where smart contracts provide value. An escrow is a financial product whereby a third party—such as a bank—will hold assets or money on behalf of two parties that are executing an agreement or a transaction. The third party acts ...

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Publisher Resources

ISBN: 9781838829094