For example, someone might make an index future out of the technology sector. They would select an index that tracks the sector and then write a contract worth $10 times the value of that index.

Futures trading allows investors to speculate on asset prices with contracts that commit them to buy or sell at a set future date and price. This approach allows for leverage, enabling traders to ...

When code from a smart contract is copied across a new block within the blockchain, it takes the effect of executing a provision in the contract. As an example, Chen describes how smart contracts ...