The Portal cover image

12: Vitalik Buterin - The Ethereal Prince and His Virtual Machine

The Portal

CHAPTER

Are You Worried About Contract Enforcement?

Sinequanon is a decentralised, peer-to-peer payment system. It uses smart contracts to transfer money between parties without the need for central authority. The technology could be used to replace organized crime with prediction markets or something else that induces people to commit crimes. But so far it feels like less of it as happend than we had expectected to think,. says Sinequanon's founder and CEO Richard Branson.

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