The release of CFTC Primer on Smart Contracts

The release of CFTC Primer on Smart Contracts

The LabCFTC division has unveiled ‘A CFTC Primer on Smart Contracts’ encircling the blockchain technology, smart contracts, its risks, benefits, and challenges. It was a 32-page document. It highlighted that ‘a set of coded computer functions’ govern the futures and smart contracts. The document initially defined the smart contract and elaborated on operational risks.

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