Swisscom created firm for smart contracts

The Swiss company developed this tool that will legally authenticate the smart contracts of the blockchain ethereum with the Zurich University of Applied Sciences (ZHAW)

One of the leading telecommunications companies in Switzerland, Swisscom, created an electronic signature with the Zürich University of Applied Sciences (ZHAW).

This innovation comes to legally authenticate the smart contracts of the blockchain ethereum, as reported by the local media of the European country.

The working group consisted of lawyers and engineers from the firm, as well as Swisscom developers.

This group managed to create a prototype for an intelligent contract based on ethereum that includes an interface with an electronic signature service developed by the company.

Once the solution is certified, the firm will immediately activate the safe and automated fulfillment of the necessary conditions of the intelligent contract.

K. Tovar

Source: Coincrispy

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