区块链仲裁合约是什么,区块链仲裁合约有效吗

『一』What is a smart contract in blockchain technology

A smart contract can be simply understood as a piece of code written on the blockchain, which is event-driven and has Dynamic status, recognized by multiple parties, and able to automatically process on-chain information based on preset conditions. Once an event triggers the terms in the contract, the code will be automatically executed. The biggest advantage of smart contracts is to use program algorithms to arbitrate and execute contracts on behalf of humans.
Smart contracts are contracts that use computer language instead of legal language to record terms. Once written, they can be trusted by users. The terms of the contract cannot be changed, so the contract is immutable. The procedure will be executed when the conditions are met, without human interference, ensuring absolute fairness and justice.
3 technical characteristics of smart contracts
●Data transparency
All data on the blockchain is open and transparent, so the data processing of smart contracts is also open and transparent, and any party can run it can view its code and data.
●Cannot be tampered
All data in the blockchain itself cannot be tampered with, so the smart contract code deployed on the blockchain and the data generated by its operation are also non-tamperable. Nodes running smart contracts do not have to worry about other Nodes maliciously modify code and data.
●Permanent operation
The nodes supporting the blockchain network often reach hundreds or even thousands. The failure of some nodes will not cause the smart contract to stop. Its reliability is theoretically close to permanent operation. In this way This ensures that smart contracts can be as valid as paper contracts at all times.

『二』 Do you know the programmable currency, programmable finance and programmable society of blockchain?

Blockchain 1.0: Programmable currency. Programmable currency is a digital currency that is flexible and exists almost independently. Bitcoin is a type of programmable currency, and its emergence makes the flow of value on the Internet possible. Blockchain has built a new digital payment system in which people can conduct barrier-free digital currency transactions or cross-border payments. Moreover, because blockchain is decentralized, non-tamperable, and trustworthy, it can ensure the security and reliability of transactions, which will have a disruptive impact on the existing monetary system. Blockchain 1.0 sets a new starting point for currency, but there is still a long way to go to build a globally unified blockchain network.

Blockchain 3.0: Programmable society. With the further development of blockchain technology, the applications of blockchain will go beyond the financial field due to its decentralization and trustless functions. Blockchain 3.0 will not only expand its applications to social governance fields such as identity authentication, auditing, arbitration, and bidding, but also include fields such as industry, culture, science, and art. By solving the problem of trustlessness, blockchain technology provides a universal technology and a global solution, that is, no longer establishing credit and sharing information resources through a third party, thereby improving the operational efficiency and overall level of the entire field. At this application stage,Blockchain technology will be used to connect all people and devices to a global network, scientifically allocate global resources, realize the global flow of value, and promote the development of the entire society into a new era of intelligent interconnection.

『三』Themis is different from other projects. In what scenarios can the group hosting mechanism be applied?

Themis public chain is the first decentralized digital asset based on blockchain technology. A public chain. Themis provides third-party custody services, issues tokens on the chain, the global custody token Global Escrow Token (GET), and introduces a group custody mechanism and reputation mechanism based on economic incentives to motivate blockchain nodes, using custody contracts and arbitration contracts , to achieve fair exchange between digital currencies and between digital currencies and real assets.
Themis aims to build a digital currency custody service infrastructure. It is a fair exchange system and protocol set for digital currency based on blockchain technology. It integrates digital currency custody, clearing and payment. The application scenarios provided include point-to-point custody. Payment, digital currency transaction exchange and regulatory account security custody, etc.
Under such a mechanism, the parties to the transaction can select multiple third parties from a group of custody service providers to jointly undertake custody tasks and mediate disputes by majority vote, thus ensuring fairness with digital currency as the medium. exchange. As a decentralized “Alipay” for digital assets, Themis also has several major innovative advantages: the first group custody fair trade agreement mediated by digital assets, the first crowdsourcing arbitration agreement based on anonymous reputation, and the first decentralized marketplace. foreign trading platform.
These innovative advantages provide Themis with a broad range of application scenarios. Currently, Themis's main commercial applications focus on digital currency transaction exchange, decentralized custody payment and regulatory account security custody.

『四』What is the application of blockchain in electronic contracts

Blockchain technology reduces intermediate links, reduces fraud caused by data consistency, and improves business efficiency and speed. , reduce counterparty risks, increase revenue, save costs and other features, which are favored by the market.

Taking a closer look at its implementation principles, blockchain uses machine algorithms to solve the problem of consistency, reliable storage and prevention of multi-party transaction records through in-depth use of cryptographic algorithms, specially designed data structures and multi-party consensus algorithms. The problem of tampering is naturally closely related to electronic data storage.

First of all, electronic contract signing records are stored on a shared ledger maintained by multiple parties. They cannot be tampered with, cannot be repudiated, and of course will not be lost.

Secondly, the electronic contract text and electronic contract elements are encrypted and stored, including the participants of the electronic contract. Only participants can decrypt and view the data to protect the privacy of the contracting parties.

Thirdly, the machine strictly executes according to the predefined rules (smart contract) and no longer relies solely on an agreement with a third party to guarantee it. Blockchain-based KYThe C service automatically checks the validity and identity of the verification certificate to ensure that the identity of the participant is valid and authentic while ensuring privacy.

『Wu』What are the advantages of applying blockchain technology in electronic contracts

By definition, blockchain is a term in the field of information technology. It is a shared database. The data or information stored in it cannot be tampered with, forged, or traceable. Therefore, it has typical characteristics such as decentralization, openness, transparency, and disintermediation.
1. Decentralization
The decentralization of blockchain refers to the use of distributed storage and computing power so that the nodes of the entire network are in a state of joint maintenance and no longer relies on central processing nodes to achieve Distributed data storage, recording and updating. Simply put, blockchain does not require the endorsement of intermediaries and trust institutions.
2. Information cannot be tampered
The information added to the blockchain will be permanently stored, and as long as a single node is added, it will be synchronized to all nodes in the blockchain. In this way , the information on the blockchain can hardly be tampered with, unless more than 51% of the nodes in the system can be controlled at the same time, otherwise it will be invalid for a single node. Therefore, the stability and stability of the blockchain for data are also determined. The role of security.
3. Information traceability
Blockchain is a decentralized database that records the process information of each node. Since a single node of the blockchain is difficult to be tampered with, each node It becomes traceable, so that the data on the blockchain can be traced, and a trustworthy and secure contract environment can be built.
Through the above three advantages of blockchain technology, the advantage of applying it to the field of electronic contracts is to increase the security of contract signing and make it more legally secure. For example, when signing a shield electronic contract, blockchain is used. Electronic contracts based on blockchain technology.

『Lu』Understand blockchain and what is a smart contract

A smart contract is a contract that does not require a third party such as a notary or public official to verify, facilitate or execute!

Literally means you can conduct fast, reliable and trustworthy transactions with any third party, without the constraints of ordinary contracts

Healthcare

Who has access to my patient data? Is my digital patient record safe? and many other issues arise from having digital patient records. As we learned, if only a limited number of people need access for a limited time, keep your profile with you at all times and only have access if you allow doctors access.

Highly regulated, such as drug storage and distribution.

『撒』 Ask for help from the masters in the blockchain and currency circles

Themis public chain is the first one based on blockchain technology Decentralized digital asset custody public chain.

Themis provides third-party escrow services (similar to Alipay and PayPal’s online shopping now)The role of things), issuing tokens on the chain Global Escrow Token (GET), Themis introduces a group custody mechanism and reputation mechanism based on economic incentives to motivate blockchain nodes, and uses custody contracts and arbitration contracts to achieve Fair exchange between digital currencies and between digital currencies and real assets. By issuing custody fees and arbitration service fees, incentives are provided for nodes that actively participate in fund custody and dispute arbitration. When using digital currency for payment, users need to pay GET tokens to obtain custody and arbitration services. Participating custody and arbitration nodes can obtain GET token handling fees and rewards from the transaction party after the transaction is completed to realize the closed-loop flow of GET tokens on Themis.

『8』 The essential characteristics of blockchain smart contracts

The essential characteristics of blockchain smart contracts: decentralization.

Some of the main advantages of using smart contracts include greater efficiency when processing documents. This is thanks to its ability to employ a fully automated process that does not require any human involvement, as long as the requirements listed in the smart contract code are met.

The result is that time is saved, costs are reduced, transactions are more accurate and cannot be changed. Additionally, smart contracts remove any third-party interference, further enhancing the decentralization of the network.

(8) Extended reading on blockchain arbitration contract:

Smart contracts can only use digital assets, and problems will arise when connecting real assets and the digital world. Finally and most importantly, smart contracts lack legal supervision and are only subject to the obligations agreed in the code. The lack of legal regulation may lead some users to be wary of transacting online, especially if it is significant.

The advantages of using smart contracts are more efficient processing of transactions, irreversible, secure transactions and fully automated processes. On the other hand, the disadvantages are the lack of legal supervision, human errors and difficulties in implementation.