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Episode 34: Blockchain 101: What are smart contracts?

Zero Knowledge

Are There Any Examples of Non Value Bearing or Non Financial Smart Contracts?

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Mabe: There is too much potential in that there's too much that you could actually be doing with them. He says people kind of wanting to do everything in smart contracts isn't necessarily a good idea, but there are definitely good use cases. Mabe also talks about how the block chain can arbitrate between different parties for value-based transactions such as bank deposits or credit card payments.

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