New Smart Contract Platform attracting attention

Tezos New Blockchain platform

Tim Draper, bitcoin billionaire is participating in an initial coin offering for Tezos a new Blockchain platform part of Dynamic Ledger Solutions. The platform created by Wall Street husband and wife team believe that can solve bitcoin’s governance problem. The ICO was launched in May 22. Tezos allows automated upgrades in a decentralized manner , potentially solving a problem with governance experienced in systems like Bitcoin. The owners say their blockchain is the first to code these specifications into their design. Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth,” states the website. “It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.

Lara Abdul Malak

Lara has been a journalist and writer in the technology field since her graduation from AUB majoring in political science. She has had career in corporation communications in the telecom sector and was part of the launch of first 3G network in the GCC and MENA region. Since her return to journalism she has been focused with passion on blockchain, tokenization, crypto focusing on the GCC and MENA region. Lara worked with Unlock Blockchain until 2022.

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