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How to Replace Smart Field to the Investment Contract

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okay good morning everyone hello welcome uh lets take our seats so good morning thank you so much for coming here on behalf of the organizing committee I would like to welcome you to the 2023 impact investing conference at Yale soil so we are excited to have gathered an exceptional group of speakers today that will share their insights with you and I had the pleasure to meet these speakers over the last few months and some of them over dinner yesterday when we were basically discussing about impact investing and some other stuff but anyway uh when I asked them what I should definitely share with people what everyone should you know go out and know about impact investing we came up with three things so the first thing that we want to emphasize today is that impact investing does not necessarily mean sacrifice and financial returns for impact in fact the practice of investment is changing and more than 23 trillion dollars are Global invested in impact-driven purposes recognizing their l

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What is the difference between contract and smart contract in blockchain?

A blockchain provides transparent and verifiable access to data while smart contracts eliminate middlemen and make systems far more efficient.

Can you reuse a smart contract?

A smart contract whose owner intended its code to be used for one purpose can be reused by thousands of others for their own use cases via calling.

What is the difference between a contract and a smart contract?

Smart contracts are, in essence, computer programs that automate the enforcement of terms. Traditional Contracts, on the other hand, are sets of agreed-upon terms which are enforceable by law and are described in a natural, human language. Will Smart Contracts replace Traditional Contracts?

Can I change or delete a smart contract?

Once deployed on the network, smart contracts cannot be changed or deleted by default. However, it is possible to include a selfdestruct capability that would allow a smart contract to be deleted, erasing the code and its internal state (storage) and leaving a blank account.

Can you replace a smart contract?

So you can swap out other smart contracts in the system and simply update the proxy smart contract with the correct address of the newly deployed smart contract. End users of the dApp interact with the proxy directly, and with the other smart contracts only indirectly, via the proxy.

Why smart contracts Cannot be changed?

The compilation and execution of a smart contract is a fully automated process and it is carried out ing to the written code, which cannot be changed due to the peculiarities of the blockchain system.

What are smart contracts replacing?

Smart contracts replace the need to have a trusted intermediary when there is a transaction to be made by allowing the trusted intermediary to be coded logic and allowing for code to be law, he says.

What happens if a smart contract is broken?

These contracts can police themselves, penalizing the offending party in an event that they bdocHub their contractual agreements. For example, a smart contract can issue a refund in the event a supplier doesnt deliver goods by a pre-agreed deadline.

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Replace Smart Field to the Investment Contract