Banks of Belarus can get the right to conclude smart contracts

25.04.2018

Banks of Belarus can get the right to conclude smart contracts. Corresponding amendments are to be introduced to the current legislation. Smart contract is a program code that is created and used in blockchain to execute various transactions. At present, High-Tech Park residents have the right to sign such contracts. In addition, it is planned to allow some organizations to make transactions by analogy with banks without digital signature.

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