Smart Contract
Self executing code on a blockchain
Smart contracts introduce programmable functionality but increase complexity. For simple payment acceptance, they are often unnecessary. Added complexity must justify commercial benefit.
Self executing code on a blockchain
Smart contracts introduce programmable functionality but increase complexity. For simple payment acceptance, they are often unnecessary. Added complexity must justify commercial benefit.
Reliance on intermediary banks for transfers
Requirement to share sender and recipient data for certain transfers
Temporary rewrite of recent blockchain history
Fiat payout method such as SEPA or SWIFT
Difference between explicit fee and embedded spread
Receiving address for digital asset payments