Posts by Jagruti Solanki
Are Smart (Blockchain) Contracts Really Smart?
If you’ve ever been through an automatic car wash, you can appreciate the benefits of a smart contract. You drive to the payment station, select the kind of car wash you want, and make the payment. You are then prompted to pull up to the washing dock. At this point, you make sure all the…
Read MoreWhat is a Blockchain Wallet?
Q: How do you carry your bitcoins? A: In a wallet, of course. A wallet on any blockchain platform can be likened to a bank account, but without the hassle involved in opening the bank account. You can go to Bitcoin or Ether or MyEthereum.com and create your very own wallet in minutes. Unlike a…
Read MoreHow Does Blockchain Work?
Blockchain technology is all about trust and transparency. In the current model of commerce, we place “assumed trust” in companies that provide a product or service — and in the intermediaries that facilitate the exchange of value. Take the simple act of purchasing a food item. We indirectly place our trust in every single vendor,…
Read More11 Things to Do Now to Prepare for Your First Audit
A financial statement audit attested by an independent auditor includes the examination of a company’s financial records that include balance sheet, income…
Read More