Digital Currency

By Othman Darwish Smart contracts, the cornerstones of any decentralized blockchain based application, runs nowadays inside different blockchain platforms. Each platform community is working toward minimizing the challenges of developing valuable dApps  to put it in a great use case. In this blogs, will discuss some of competing and promising smart contracts platforms, and how each differentiates itself from other, what tradeoff made, to maximize dApps based application development adaptation, and increase it efficiency. A smart contract is a programmable piece of code that runs inside the blockchain network and executed by all peers that joined that network. Its emergence was indeed an innovation and founded for next wave of blockchain applications, other than currency exchanges application dominated by the Bitcoin system. This was due to the fact the Bitcoin system was designed for currency exchanges and built with a limited instruction set, knowns as bitcoin transact...

By Othman Darwish Decentralize Autonomous Organization  (DAO) is computer program that  called smart contract , which  acts as rule set for those organization ,the program code "smart contract" is hosted and run inside blockchain , when transacting a smart contract  , a mutable records logged inside blockchain . One of most challenges for  DAO's is its legal status , the form and the structure of the DAO that will be built on it ,it is general partnership ,  unincorporated associations, or corporation , and if it corporation what the type and the structure of that corporation that limit its members or participants liabilities . DAO promoted as self-organization entity, in a way that the human involvements is limited or not needed at all, is that really true? does DAO going to operate only in virtual world? if not, what about physical world interaction?   How are the legal relationships going to be formalized by contracts and enforced by ...

B y Othman Darwish Introduction This is a proposed solution to fully automated stock exchange market based on Ethereum blockchain innovated  technology using smart contract and distributed ledger technology DLT. Smart contract is a computer program that performs as digital asset  and  is able to substitute  today securities financial instruments. Ethereum is an open source  decentralized  computing  platform that runs Smart Contract. Blockchain is a database of a distributed ledger that hold digital assets information (aka Smart Contract). By using  Ethereum  network, all middlemen are removed and users ( issuers and investors) are allowed to interact with each other directly. This solution will reduce time, cost and operational risks, it will also automat censorship, and more importantly, insure transparency and trust between all the parties involved in the interaction of that network.  The ability of digitizing financial assets...