...services, settlement of financial trades, public administration etc. Establishment of the **Malta Digital Innovation Authority** (MDIA) is the main purpose of the Malta Digital Innovation Bill. MDIA will regulate distributed ledger technology and smart contracts, at the same time it will act autonomously and promote government policies. In the meantime, the Innovative Technology Arrangements...

Currently **computer algorithms that work on blockchain are crushing and reforming classic financial systems**. However, recently there is a lot more hype surrounding the so called smart contracts. But following this trend, there were a lot of surveys stating that smart contracts are rather vulnerable and unstable instruments. In order to understand the essential thing about smart contracts we sh...

...r identity but also because of its increasing market cap in the virtual financial world. * ***Ethereum (ETC).*** Bitcoin’s second closest cryptocurrency competitor, Ethereum, lingers at $506.94 per coin and it prides itself in the processing of smart contracts. This cryptocurrency started out as a tool to monetize applications in the Ethereum network. Budget investors are urged to look into i...