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Judges ask questions after SmartContract launched SmartContract in the Bitcoin and Personal Finance market segment during DEMO Fall 2014 at the San Jose Convention Center in San Jose, California, on Thursday, November 20, 2014. SmartContract generates contracts that automatically verify and execute themselves, relying on trustworthy API data for accurate verification of a contract’s performance. For more information on SmartContract please visit bit.ly/SmartContract. Complete coverage of DEMO, New Tech Solving Big Problems, can be found at bit.ly/DEMOsite. Photo by Stephen Brashear (www.stephenbrashear.com)

SmartContract launches SmartContract in the Bitcoin and Personal Finance market segment during DEMO Fall 2014 at the San Jose Convention Center in San Jose, California, on Thursday, November 20, 2014. SmartContract generates contracts that automatically verify and execute themselves, relying on trustworthy API data for accurate verification of a contract’s performance. For more information on SmartContract please visit bit.ly/SmartContract. Complete coverage of DEMO, New Tech Solving Big Problems, can be found at bit.ly/DEMOsite. Photo by Stephen Brashear (www.stephenbrashear.com)

The shared ledger four layer model

The Ethereum blockchain allows for trustless transactions using smart contracts.

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