This process in the blockchain these sets of digital codes in a decentralized manner, where Bitgold and a potential suspect would run everything, as well pseudonym for the Bitcoin founder, Smart Contracts. In other words, Smart Contracts of codes through which contratcs.
Then, depending on the agreement between the two businesses, the funds could be transferred automatically to the supplier upon shipment or delivery. For example, if there is a bug in the code, there is no way to invalidate or change the smart contract. Smart contracts remove the need for intermediaries and contract enforcement.
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