Many of today’s most dynamic and massive industries are built on top of intermediary parties. By developing self-enforcing smart contracts that clearly state what each party’s obligation is to the other, RefToken minimizes the potential for disputes between publishers and developers. This platform stores all data on customer conversions and revenue in the blockchain, creating an immutable record that both parties can look at. The Internet has given companies of all stripes the potential to do business faster and on a larger scale than ever before. As well as making their systems smarter, it could save them a huge amount of money. That makes it attractive to banks looking to soup up their money transfer businesses, but the technology also has potential in other areas — distributed ledgers could be used for “smart contracts” when banks make loans, for example, recording who’s borrowed what across a public network.

The time it takes to confirm this information slows down the care delivery process, making it harder for providers to treat patients in time. Of all the problems facing the modern economy, information insecurity reigns supreme. Unfortunately, due to information insecurity, publishers and merchants both have trouble taking advantage of affiliate marketing. Stephen Pair, CEO of bitcoin company Bitpay, told me during our interview at MoneyConf that he’s in conversation with several banks about the potential of blockchain and related technologies. It also restores power to the community as a whole. But, at the same time, ask anyone ingrained in some of these friction-ful industries and they will tell you, these intermediary services can drive prices up and slow down progress velocity.

But because these vehicles provide little transparency on how investors’ funds are used, investors run the risk that their money will be mismanaged. In a distributed ecosystem, built with blockchains, the power lies with the people. Considering the high upfront cost of real estate, investors must have considerable assets in order to participate in this market. Affiliate marketing plays a critical role in raising public awareness of valuable but unknown products. The merchant then compensates publishers for new customers they bring in.

“We have internally identified 20 to 25 use cases where this technology can be applied,” Mariano Belinky, head of Santander InnoVentures told Business Insider at MoneyConf in Belfast this week. But they also have to have highly specialized knowledge of the particular properties and markets where they are investing. Blockchain technology is hot right now, and these 3 industries are feeling it’s effects. In each of these industries, middlemen, operating as brokerage services, dictate the ebb and flow of the sector. Both parties also have to deal with unclear contracts, which raise the risk of a dispute even if everyone involved is acting in good faith. One group leveraging the blockchain to tackle this issue is RefToken.

How To Invest In Blockchain Technology. Realisto uses a blockchain to keep track of the value of this pool, minimizing any chance that critical investment information might be falsified or inaccurate. This forces them to invest in Real Estate Investment Trusts and other specialized vehicles for evaluating and making real estate investments. It also uses advanced encryption to prevent unauthorized users from accessing and stealing sensitive data. Likewise, patients hand over highly sensitive financial and health data to their medical providers; they thus need to be sure that those providers can keep it safe.

In a blockchain economy, initial coin offerings will become the standard vehicles for startup (and large enterprise) fundraising. A report co-authored by Santander earlier this month estimated that blockchain technology could reduce banks’ infrastructure costs by up to billion (£12. Of all the problems facing the modern economy, information insecurity reigns supreme. “What we see as the foundation use case, which is international payments, we don’t really need a coalition of 50 banks to make it work.

Though much of the fintech coverage is focused on the ephemeral benefits of cryptocurrency exchanges and returns, there is far more opportunity, especially for engineers, designers, and makers generally, when we think about the long lasting impact that blockchains can have on how we organize and store systems within our society. Investors should be aware of the. More than half of the world’s large corporations are looking into blockchain (distributed ledger technology), according to a study. The merchant then compensates publishers for new customers they bring in. It also restores power to the community as a whole.

Who Is Investing In Blockchain Technology

Santander, the world’s tenth biggest bank according to Forbes, is one of several lenders investigating how to use the blockchain in traditional banking. How To Invest In Blockchain Technology. The blockchain keeps a public record of transactions, spread across a distributed network, and allows much quicker transfer of balances. Here’s What You Need to Know Blockchain technology is much more than just the engine behind bitcoins. The fund has made 3 investments so far and Belinky said 2 more are close to completion. A blockchain startup called Realisto keeps these risks and costs to a minimum through their technology.

The list goes on and on. This opens up an entire new economy of innovation, powered by ICOs, that can scale quickly and escape the sluggish and elitist venture capital community. Unfortunately, due to information insecurity, publishers and merchants both have trouble taking advantage of affiliate marketing. Unlike the traditional markets, these coin offerings are accessible to anyone interested, regardless of geography, so there can be a much larger base of potential investors. Santander InnoVentures, which Belinky heads, is the Spanish banking giant’s 0 million (£64 million) fintech investment fund, launched last year. Publishers have to worry about developers failing to pay commissions on new customers they bring in, while merchants fear that publishers will make fraudulent claims about their services or past successes. In other words, there cannot be one singular entity with controlling powers over the rest of the network.

Blockchain technology is being taken seriously by the financial sector as it may prove to be a great disrupter to the traditional banking industry. The merchant then compensates publishers for new customers they bring in. Realisto uses a blockchain to keep track of the value of this pool, minimizing any chance that critical investment information might be falsified or inaccurate. Not only does this let investors be more confident about the value of their investments, but because no one needs to read and interpret the contracts, they help keep administrative fees to a minimum. Considering the high upfront cost of real estate, investors must have considerable assets in order to participate in this market. It’s pretty clear why the banks are doing all this.

They’re using their technology to connect publishers and merchants swiftly and securely

As a result, building a strong and active user base that is passionate about your mission and project will become essentially important for the next wave of companies and entrepreneurs. As well as making their systems smarter, it could save them a huge amount of money. Belinky reeled off international money transfers, trade finance, syndicated lending and collateral management as some of the areas where blockchain technology could be applied. All three share a common goal of eliminating intermediaries and costs involved in traditional education. Blockchain technology is being taken seriously by the financial sector as it may prove to be a great disrupter to the traditional banking industry. Started by the founders of Excelorators, an education company with a network over 200 professors, ODEM’s community attracts educators, students, and investors.

Working internationally, brokers can be a nightmare to deal with and charge exorbitant prices for seemingly menial work

Companies like ConnectJob, an on-demand economy built on top of a blockchain, are already beginning to announce their token issuing, achieving rapid global growth via the crowd. Blockchain technology is hot right now, and these 3 industries are feeling it’s effects. It also uses smart contracts, or blockchain-based contracts that automatically pay dividends to investors whenever the value of their tokens increases. Belinky reeled off international money transfers, trade finance, syndicated lending and collateral management as some of the areas where blockchain technology could be applied. But they also have to have highly specialized knowledge of the particular properties and markets where they are investing. Later on we think smart contracts have the potential to transform many of the other things we do.

This recordkeeping method involves tying individual pieces of data to each other. Access to capital is one of the biggest points of friction for founders. This, among other things, protects against top-down corruption and manipulation. A report co-authored by Santander earlier this month estimated that blockchain technology could reduce banks’ infrastructure costs by up to billion (£12. How To Invest In Blockchain Technology.

As well as making their systems smarter, it could save them a huge amount of money. In other words, there cannot be one singular entity with controlling powers over the rest of the network. Unfortunately, due to information insecurity, publishers and merchants both have trouble taking advantage of affiliate marketing. In each of these industries, middlemen, operating as brokerage services, dictate the ebb and flow of the sector. This obstacle becomes twice as hard when you are living outside of an economic hub, as there are fewer investors willing to take a chance on you. They also have to pay high administrative fees.

Who Is Investing In Blockchain Technology

Belinky says that “while getting to a working prototype could be something that we do within months, getting to an actual product that regulators say is good to go and the compliance guys like — that will take a while. Started by the founders of Excelorators, an education company with a network over 200 professors, ODEM’s community attracts educators, students, and investors. In a blockchain economy, initial coin offerings will become the standard vehicles for startup (and large enterprise) fundraising. “We have internally identified 20 to 25 use cases where this technology can be applied,” Mariano Belinky, head of Santander InnoVentures told Business Insider at MoneyConf in Belfast this week. Of all the problems facing the modern economy, information insecurity reigns supreme. One group leveraging the blockchain to tackle this issue is RefToken. 6/17/2015 · Santander’s Mariano Belinkey and Julio Faura are experimenting with how mainstream banks can adopt blockchain, the technology that runs bitcoin. Investors can invest in this pool by buying tokens, which are tied to the value of the real estate in the pool. The blockchain keeps a public record of transactions, spread across a distributed network, and allows much quicker transfer of balances.

Investors should be aware of the. This obstacle becomes twice as hard when you are living outside of an economic hub, as there are fewer investors willing to take a chance on you. At the same time, it is really important to be cautious whenever investing in a coin offering, as there are many scammers and hackers who are out to take your money. The best entrepreneurs are able to separate these distractions from what is truly important and find ways to use the best of this technology to make a difference. This makes it more difficult for unauthorized users to access or modify data, reducing the risk of theft or fraud dramatically. No single entity has veto power over the rest of the network in a blockchain, eliminating top-down corruption and manipulation while empowering the community.

This makes it more difficult for unauthorized users to access or modify data, reducing the risk of theft or fraud dramatically

The rapid evolution of the internet has reinvented what it means to be a business owner. Luckily, we can supplant the need for conventional intermediary parties by using Ethereum smart contracts to automatically verify and validate issues of trust and verification. Santander, the world’s tenth biggest bank according to Forbes, is one of several lenders investigating how to use the blockchain in traditional banking. But they also have to have highly specialized knowledge of the particular properties and markets where they are investing. At the same time, it is really important to be cautious whenever investing in a coin offering, as there are many scammers and hackers who are out to take your money. A blockchain startup called Realisto keeps these risks and costs to a minimum through their technology.

By developing self-enforcing smart contracts that clearly state what each party’s obligation is to the other, RefToken minimizes the potential for disputes between publishers and developers. That makes it attractive to banks looking to soup up their money transfer businesses, but the technology also has potential in other areas — distributed ledgers could be used for “smart contracts” when banks make loans, for example, recording who’s borrowed what across a public network. A blockchain startup called Realisto keeps these risks and costs to a minimum through their technology. “We have internally identified 20 to 25 use cases where this technology can be applied,” Mariano Belinky, head of Santander InnoVentures told Business Insider at MoneyConf in Belfast this week. This forces them to invest in Real Estate Investment Trusts and other specialized vehicles for evaluating and making real estate investments.

It also uses advanced encryption to prevent unauthorized users from accessing and stealing sensitive data. Realisto uses a blockchain to keep track of the value of this pool, minimizing any chance that critical investment information might be falsified or inaccurate. But it has also created unprecedented opportunities for fraud and data theft. Investors can invest in this pool by buying tokens, which are tied to the value of the real estate in the pool. Here’s What You Need to Know Blockchain technology is much more than just the engine behind bitcoins. Blockchain technology is being taken seriously by the financial sector as it may prove to be a great disrupter to the traditional banking industry.

Access to capital is one of the biggest points of friction for founders. For instance, TraDove has applied the power of the blockchain to unlock corporate demand for a token-based business-to-business (B2B) marketing, sales, and trade platform. From a global market’s perspective, this is largely inefficient and a waste of potential, given that there is a surplus of talent needing capital to help kickstart their ideas into action. ArrayCompanies are scrambling to find new uses for blockchain technology. Blockchain technology is being taken seriously by the financial sector as it may prove to be a great disrupter to the traditional banking industry. How To Invest In Blockchain Technology. In other words, there cannot be one singular entity with controlling powers over the rest of the network.

Santander, the world’s tenth biggest bank according to Forbes, is one of several lenders investigating how to use the blockchain in traditional banking. But because these vehicles provide little transparency on how investors’ funds are used, investors run the risk that their money will be mismanaged. Blockchain technology has the potential to reduce these risks dramatically. One group leveraging the blockchain to tackle this issue is RefToken. The platform relies on a team of expert local investors to put together a pool of real estate projects. The rapid evolution of the internet has reinvented what it means to be a business owner.

Investors can invest in this pool by buying tokens, which are tied to the value of the real estate in the pool. They also have to pay high administrative fees. The platform relies on a team of expert local investors to put together a pool of real estate projects. All three share a common goal of eliminating intermediaries and costs involved in traditional education. This opens up an entire new economy of innovation, powered by ICOs, that can scale quickly and escape the sluggish and elitist venture capital community. But he said: “I’ve been in and around banks for a while and they take years, even with software that’s well known and well understood. Many of today’s most dynamic and massive industries are built on top of intermediary parties.

Information about Who Is Investing In Blockchain Technology

An ICO, as they are shorthanded, is effectively the modern day IPO, a tool to “crowdfund” capital to companies in an extremely secure and efficient manner. This, among other things, protects against top-down corruption and manipulation. In sum, you should really only invest in deals you have thoroughly researched and have conviction about. It also gives developers the opportunity to look at publishers’ backgrounds and make sure they can provide reliable marketing services. “For financial technology (fintech) start-ups in the blockchain space, this can only be good news, since it demonstrates the high level of demand within an enterprise space that is increasingly well-informed about blockchain,” Windsor Holden, blockchain specialist at Juniper, told CNBC via email. Realisto uses a blockchain to keep track of the value of this pool, minimizing any chance that critical investment information might be falsified or inaccurate.

At a high level, smart contracts operate independent of any one individual and are essentially an algorithm that authenticates information

It’s pretty clear why the banks are doing all this. As a result, sending bitcoin is faster, cheaper and more transparent than sending traditional currencies. “For financial technology (fintech) start-ups in the blockchain space, this can only be good news, since it demonstrates the high level of demand within an enterprise space that is increasingly well-informed about blockchain,” Windsor Holden, blockchain specialist at Juniper, told CNBC via email. Belinky reeled off international money transfers, trade finance, syndicated lending and collateral management as some of the areas where blockchain technology could be applied. A blockchain startup called Realisto keeps these risks and costs to a minimum through their technology. In sum, you should really only invest in deals you have thoroughly researched and have conviction about.

The fund has made 3 investments so far and Belinky said 2 more are close to completion. An ICO, as they are shorthanded, is effectively the modern day IPO, a tool to “crowdfund” capital to companies in an extremely secure and efficient manner. But, at the same time, ask anyone ingrained in some of these friction-ful industries and they will tell you, these intermediary services can drive prices up and slow down progress velocity. A blockchain startup called Realisto keeps these risks and costs to a minimum through their technology. They also have to pay high administrative fees. “What we see as the foundation use case, which is international payments, we don’t really need a coalition of 50 banks to make it work. As well as making their systems smarter, it could save them a huge amount of money. As a result, sending bitcoin is faster, cheaper and more transparent than sending traditional currencies. By shoring up the security and reliability of information, blockchain technology will revolutionize the entire economy, but should have particularly potent effects on:.

In the same way that the digital economy has empowered tens of thousands of hopeful entrepreneurs over the last decade, blockchain technology promises to ignite a new generation of innovators. Belinky says that “while getting to a working prototype could be something that we do within months, getting to an actual product that regulators say is good to go and the compliance guys like — that will take a while. Of all the problems facing the modern economy, information insecurity reigns supreme. Blockchain technology has the potential to reduce these risks dramatically. Unfortunately, many investors lack the specialized knowledge to determine whether particular properties are profitable. With smart contracts implemented across a wide variety of industries, we can stop relying on humans to handle our most important data. But they also have to have highly specialized knowledge of the particular properties and markets where they are investing. Likewise, patients hand over highly sensitive financial and health data to their medical providers; they thus need to be sure that those providers can keep it safe.

More than half of the world’s large corporations are looking into blockchain (distributed ledger technology), according to a study. By developing self-enforcing smart contracts that clearly state what each party’s obligation is to the other, RefToken minimizes the potential for disputes between publishers and developers. Access to capital is one of the biggest points of friction for founders. Providers need to ration scarce medical resources, making it essential for them to confirm that the financial information patients provide to pay for their care is valid. But he said: “I’ve been in and around banks for a while and they take years, even with software that’s well known and well understood. Entrepreneurs will need to become master communicators who can persuade their vision to the masses, such that they achieve buy-in and are able to work quickly and effectively. Investors can invest in this pool by buying tokens, which are tied to the value of the real estate in the pool. “For financial technology (fintech) start-ups in the blockchain space, this can only be good news, since it demonstrates the high level of demand within an enterprise space that is increasingly well-informed about blockchain,” Windsor Holden, blockchain specialist at Juniper, told CNBC via email. It also gives developers the opportunity to look at publishers’ backgrounds and make sure they can provide reliable marketing services.

It also gives developers the opportunity to look at publishers’ backgrounds and make sure they can provide reliable marketing services. Blockchain technology is hot right now, and these 3 industries are feeling it’s effects. If we partner with two or three banks similar to us we’ve got pretty much global coverage. This makes it more difficult for unauthorized users to access or modify data, reducing the risk of theft or fraud dramatically. Many of today’s most dynamic and massive industries are built on top of intermediary parties. We explore the investment options such as stocks, cryptocurrency investing, and more on how entrepreneurs can invest in this. We have ten major geographies.

No single entity has veto power over the rest of the network in a blockchain, eliminating top-down corruption and manipulation while empowering the community. A blockchain startup called Realisto keeps these risks and costs to a minimum through their technology. Working internationally, brokers can be a nightmare to deal with and charge exorbitant prices for seemingly menial work. Affiliate marketing plays a critical role in raising public awareness of valuable but unknown products. Of all the problems facing the modern economy, information insecurity reigns supreme. That makes it attractive to banks looking to soup up their money transfer businesses, but the technology also has potential in other areas — distributed ledgers could be used for “smart contracts” when banks make loans, for example, recording who’s borrowed what across a public network. In this model, a merchant works with publishers to market their products through search engine ads, emails, online content, and other publicity methods. They also have to pay high administrative fees. If we partner with two or three banks similar to us we’ve got pretty much global coverage.

The report added: “As the number of research projects has increased, so too has awareness, both amongst the participants and elsewhere in their industries, with competitor companies in turn beginning to consider whether they too should seek to gain competitive advantage from deployment. Blockchain technology is hot right now, and these 3 industries are feeling it’s effects. An ICO, as they are shorthanded, is effectively the modern day IPO, a tool to “crowdfund” capital to companies in an extremely secure and efficient manner. Banks run on systems that were in some cases built decades ago and as a result are slow, costly and cumbersome. Even the most careful companies face an enormous risk doing business online. The list goes on and on. “What we see as the foundation use case, which is international payments, we don’t really need a coalition of 50 banks to make it work. 6/17/2015 · Santander’s Mariano Belinkey and Julio Faura are experimenting with how mainstream banks can adopt blockchain, the technology that runs bitcoin. How To Invest In Blockchain Technology.

In other words, there cannot be one singular entity with controlling powers over the rest of the network. Though much of the fintech coverage is focused on the ephemeral benefits of cryptocurrency exchanges and returns, there is far more opportunity, especially for engineers, designers, and makers generally, when we think about the long lasting impact that blockchains can have on how we organize and store systems within our society. “We have internally identified 20 to 25 use cases where this technology can be applied,” Mariano Belinky, head of Santander InnoVentures told Business Insider at MoneyConf in Belfast this week. Many of today’s most dynamic and massive industries are built on top of intermediary parties. Later on we think smart contracts have the potential to transform many of the other things we do. But it has also created unprecedented opportunities for fraud and data theft. Holden said: “Essentially, blockchain offers particular benefits to improve efficiency and corporate transparency; if an enterprise is heavily dependent upon paper-based storage and has high volumes of transactions or transmitted information, it can be especially effective. This platform stores all data on customer conversions and revenue in the blockchain, creating an immutable record that both parties can look at.

By developing self-enforcing smart contracts that clearly state what each party’s obligation is to the other, RefToken minimizes the potential for disputes between publishers and developers. Even the most careful companies face an enormous risk doing business online. From a global market’s perspective, this is largely inefficient and a waste of potential, given that there is a surplus of talent needing capital to help kickstart their ideas into action. This opens up an entire new economy of innovation, powered by ICOs, that can scale quickly and escape the sluggish and elitist venture capital community. Holden said: “Essentially, blockchain offers particular benefits to improve efficiency and corporate transparency; if an enterprise is heavily dependent upon paper-based storage and has high volumes of transactions or transmitted information, it can be especially effective. Investors can invest in this pool by buying tokens, which are tied to the value of the real estate in the pool. Belinky reeled off international money transfers, trade finance, syndicated lending and collateral management as some of the areas where blockchain technology could be applied. This platform stores all data on customer conversions and revenue in the blockchain, creating an immutable record that both parties can look at. By shoring up the security and reliability of information, blockchain technology will revolutionize the entire economy, but should have particularly potent effects on:.

Working internationally, brokers can be a nightmare to deal with and charge exorbitant prices for seemingly menial work. Later on we think smart contracts have the potential to transform many of the other things we do. Entrepreneurs will need to become master communicators who can persuade their vision to the masses, such that they achieve buy-in and are able to work quickly and effectively. But they also have to have highly specialized knowledge of the particular properties and markets where they are investing. The Internet has given companies of all stripes the potential to do business faster and on a larger scale than ever before. Though much of the fintech coverage is focused on the ephemeral benefits of cryptocurrency exchanges and returns, there is far more opportunity, especially for engineers, designers, and makers generally, when we think about the long lasting impact that blockchains can have on how we organize and store systems within our society. The platform relies on a team of expert local investors to put together a pool of real estate projects. This platform stores all data on customer conversions and revenue in the blockchain, creating an immutable record that both parties can look at. Medical providers and their patients both have to worry about information integrity.

The time it takes to confirm this information slows down the care delivery process, making it harder for providers to treat patients in time. Unfortunately, due to information insecurity, publishers and merchants both have trouble taking advantage of affiliate marketing. How to Invest in Bitcoin and Digital Currency Investors primarily have two paths to delve into the world of blockchain technology. “We have internally identified 20 to 25 use cases where this technology can be applied,” Mariano Belinky, head of Santander InnoVentures told Business Insider at MoneyConf in Belfast this week. As a platform that connects therapists and other health providers to patients, WELL creates an unchangeable record of patients’ health, financial, and other essential information. Whether you are planning an ICO or working to develop your product roadmap, it will be critical, perhaps now more than ever before, to future plan with your community in mind. The blockchain — the program that lets people send bitcoin to each other and records those transactions — doesn’t have these legacy issues.

Given the lack of regulations, as it is still very much so a developing space, you should proceed with extreme caution, for when a deal seems too good to be true, it generally is. By shoring up the security and reliability of information, blockchain technology will revolutionize the entire economy, but should have particularly potent effects on:. Publishers have to worry about developers failing to pay commissions on new customers they bring in, while merchants fear that publishers will make fraudulent claims about their services or past successes. But it has also created unprecedented opportunities for fraud and data theft. Banks run on systems that were in some cases built decades ago and as a result are slow, costly and cumbersome. This makes it more difficult for unauthorized users to access or modify data, reducing the risk of theft or fraud dramatically. Belinky reeled off international money transfers, trade finance, syndicated lending and collateral management as some of the areas where blockchain technology could be applied. In this model, a merchant works with publishers to market their products through search engine ads, emails, online content, and other publicity methods. In each of these industries, middlemen, operating as brokerage services, dictate the ebb and flow of the sector.

As a result, sending bitcoin is faster, cheaper and more transparent than sending traditional currencies. No single entity has veto power over the rest of the network in a blockchain, eliminating top-down corruption and manipulation while empowering the community. In a distributed ecosystem, built with blockchains, the power lies with the people. It also uses advanced encryption to prevent unauthorized users from accessing and stealing sensitive data. That makes it attractive to banks looking to soup up their money transfer businesses, but the technology also has potential in other areas — distributed ledgers could be used for “smart contracts” when banks make loans, for example, recording who’s borrowed what across a public network. Belinky reeled off international money transfers, trade finance, syndicated lending and collateral management as some of the areas where blockchain technology could be applied. Investors can invest in this pool by buying tokens, which are tied to the value of the real estate in the pool. Though much of the fintech coverage is focused on the ephemeral benefits of cryptocurrency exchanges and returns, there is far more opportunity, especially for engineers, designers, and makers generally, when we think about the long lasting impact that blockchains can have on how we organize and store systems within our society.

This allows for automatic commission payments, ensuring that publishers receive exactly the compensation they deserve. This obstacle becomes twice as hard when you are living outside of an economic hub, as there are fewer investors willing to take a chance on you. Publishers have to worry about developers failing to pay commissions on new customers they bring in, while merchants fear that publishers will make fraudulent claims about their services or past successes. “We have internally identified 20 to 25 use cases where this technology can be applied,” Mariano Belinky, head of Santander InnoVentures told Business Insider at MoneyConf in Belfast this week. Unlike the traditional markets, these coin offerings are accessible to anyone interested, regardless of geography, so there can be a much larger base of potential investors. But he said: “I’ve been in and around banks for a while and they take years, even with software that’s well known and well understood. As well as making their systems smarter, it could save them a huge amount of money. Belinky says that “while getting to a working prototype could be something that we do within months, getting to an actual product that regulators say is good to go and the compliance guys like — that will take a while. This is the first of many implementations that are likely to reach a wide scale.

It also uses smart contracts, or blockchain-based contracts that automatically pay dividends to investors whenever the value of their tokens increases. At a high level, smart contracts operate independent of any one individual and are essentially an algorithm that authenticates information. Many of today’s most dynamic and massive industries are built on top of intermediary parties. Blockchain technology is being taken seriously by the financial sector as it may prove to be a great disrupter to the traditional banking industry. But it has also created unprecedented opportunities for fraud and data theft. Medical providers and their patients both have to worry about information integrity.