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Blockchain applications

Blockchain applications

“[Bitcoin] is a remarkable cryptographic achievement… The ability to create something which is not duplicable in the digital world has enormous value…Lots of people will build businesses on top of that.” Eric Schmidt Bitcoin is only one application of Blockchain technology. Many people are currently working on Blockchain powered solutions. In this chapter you will learn about a variety of potential use cases of Blockchain technology.

Learning Objective

Know what a smart contract is and when you could use one.
Understand what smart contract platforms like ethereum or aeternity do.
Know what a dApp is and understand when building one makes sense.

What are smart contracts?

2 minutes Youtube Video by dacade
In this video, we will distinguish a smart contract from a traditional contract and look into examples of smart contracts.

What are smart contract platforms?

4 minutes Youtube Video by dacade
In this video, we will explain what these platforms are on top of which smart contracts are running.

What are dApps?

4 minutes Youtube Video by dacade
In this video we will explain the challenges, advantages and use cases that decentralised applications have.