The ins and outs of the key function behind blockhain technology.
FM
What is a Smart Contract?
A smart contract is a computer protocol intended to digitally allow for the application of a transaction by verifying, and enforcing the negotiation or performance of a contract. Smart contracts allow the implementation of transactions without the need for any kind of third parties. Once a transaction has been made it can be easily tracked but cannot be reversed.
Smart contracts were first suggested in 1994 by Nick Szabo, an American computer scientist who created a virtual currency called "Bit Gold" in 1998, ten years before the invention of Bitcoin. It is often suggested that Szabo is the real Satoshi Nakamoto, the anonymous inventor of Bitcoin, a claim that he has denied.
Szabo looked at smart contracts as computerized transaction protocols which finalize terms of a contract. He desired to spread the functional nature of the transaction methods in the electronic sense, such as POS (point of sale), into the digital world.
Taxation Records: Payments triggered automatically by smart contracts will prevent you being fined and allow you to be stopped from unintentionally committing a crime. Meanwhile, all data about taxation is stored on the Blockchain and available for everyone who is determined enough to check the database. The transparency of the tax records makes cheating almost impossible.
Real Estate: With the aid of smart contracts, real estate transactions can be easy to monitor. The centralized registry for properties would let you purchase and sell real estate without intermediaries and to pass ownership rights within a minute. After a few clicks, you would find the property you desire, pay for it, and get the evidence that you’re the new owner. You do not even have to make a face-to-face meeting with the seller.
Games and Gambling: If a virtual casino utilizes smart contracts, you would have no reason to be worried about losing money or not being compensated for your reward: whenever you win you will receive your rewards, whenever you lose you will not be able to trick the system and keep your money. Gambling evolves into something which istransparent and honest. The same algorithm is used for any paid computer game and e-sports.
Are Smart Contracts Secure?
While the blockchain is secure by trade and normally one of the more secure aspects of online technology, smart contracts tend to suffer from the fact that the code that is used to develop them is naturally inclined to bugs. In June 2016, a hacker seized over $50 million worth of crypto by taking advantage of a bug in smart contract code and, even more recently, in July 2017 another bug was found in the code of a popular Ethereum wallet with $30 million of crypto being stolen in this instance.
The level of money available provides a highly lucrative reason for hackers to put in the time and resources required to find bugs and loopholes in the codes of smart contracts.
How Can I make a smart contract?
Creating smart contracts can be a complex issue which can be problematic in numerous ways. For starters, these contracts are in their infancy stage and still have a way to go before they become more effective. If you're an experienced individual who is looking to start and ICO, there are several ways of going about it.
First of all, you need a platform for writing the smart contracts. Ethereum is a good way to start. However, there are alternative platforms such as Script in Bitcoin, Automated Transactions, and NXT. These require certain programming languages such as Turing. You're given a platform with templates and ways of designing the contracts which can be simple to use but still require some understanding and expertise in the field of creating these devices.
There are also certain limitations in the smart contracts, which you may need to be aware of before creating them. Their biggest limitations is the fact that these have to be quite simple in the way so you can only complete a transaction in the form of, if "a then b." These should evolve in the future, but at the moment this is a relatively limited model.
In addition to this, these contracts can only provide solutions to problems which one can solve objectively. We need solid facts to create these contracts, and anything requiring subjectivity would be more problematic in this sense. There are also problems when one wants to be redirected to a third party server, so this issue is something that would need to be resolved when the programme evolves.
What is a Smart Contract?
A smart contract is a computer protocol intended to digitally allow for the application of a transaction by verifying, and enforcing the negotiation or performance of a contract. Smart contracts allow the implementation of transactions without the need for any kind of third parties. Once a transaction has been made it can be easily tracked but cannot be reversed.
Smart contracts were first suggested in 1994 by Nick Szabo, an American computer scientist who created a virtual currency called "Bit Gold" in 1998, ten years before the invention of Bitcoin. It is often suggested that Szabo is the real Satoshi Nakamoto, the anonymous inventor of Bitcoin, a claim that he has denied.
Szabo looked at smart contracts as computerized transaction protocols which finalize terms of a contract. He desired to spread the functional nature of the transaction methods in the electronic sense, such as POS (point of sale), into the digital world.
Taxation Records: Payments triggered automatically by smart contracts will prevent you being fined and allow you to be stopped from unintentionally committing a crime. Meanwhile, all data about taxation is stored on the Blockchain and available for everyone who is determined enough to check the database. The transparency of the tax records makes cheating almost impossible.
Real Estate: With the aid of smart contracts, real estate transactions can be easy to monitor. The centralized registry for properties would let you purchase and sell real estate without intermediaries and to pass ownership rights within a minute. After a few clicks, you would find the property you desire, pay for it, and get the evidence that you’re the new owner. You do not even have to make a face-to-face meeting with the seller.
Games and Gambling: If a virtual casino utilizes smart contracts, you would have no reason to be worried about losing money or not being compensated for your reward: whenever you win you will receive your rewards, whenever you lose you will not be able to trick the system and keep your money. Gambling evolves into something which istransparent and honest. The same algorithm is used for any paid computer game and e-sports.
Are Smart Contracts Secure?
While the blockchain is secure by trade and normally one of the more secure aspects of online technology, smart contracts tend to suffer from the fact that the code that is used to develop them is naturally inclined to bugs. In June 2016, a hacker seized over $50 million worth of crypto by taking advantage of a bug in smart contract code and, even more recently, in July 2017 another bug was found in the code of a popular Ethereum wallet with $30 million of crypto being stolen in this instance.
The level of money available provides a highly lucrative reason for hackers to put in the time and resources required to find bugs and loopholes in the codes of smart contracts.
How Can I make a smart contract?
Creating smart contracts can be a complex issue which can be problematic in numerous ways. For starters, these contracts are in their infancy stage and still have a way to go before they become more effective. If you're an experienced individual who is looking to start and ICO, there are several ways of going about it.
First of all, you need a platform for writing the smart contracts. Ethereum is a good way to start. However, there are alternative platforms such as Script in Bitcoin, Automated Transactions, and NXT. These require certain programming languages such as Turing. You're given a platform with templates and ways of designing the contracts which can be simple to use but still require some understanding and expertise in the field of creating these devices.
There are also certain limitations in the smart contracts, which you may need to be aware of before creating them. Their biggest limitations is the fact that these have to be quite simple in the way so you can only complete a transaction in the form of, if "a then b." These should evolve in the future, but at the moment this is a relatively limited model.
In addition to this, these contracts can only provide solutions to problems which one can solve objectively. We need solid facts to create these contracts, and anything requiring subjectivity would be more problematic in this sense. There are also problems when one wants to be redirected to a third party server, so this issue is something that would need to be resolved when the programme evolves.
Kraken’s 2025 Revenue Soared to $2.2 Billion as It Prepares for an IPO
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
