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MainNewsCardano’s AD...

Cardano’s ADA Used in Argentina’s First Legal Smart Contract


by Coin Edition
for CoinEdition
Cardano's ADA Used in Argentina's First Legal Smart Contract
  • Argentina enables its first legally enforceable contract using Cardano’s ADA cryptocurrency.  
  • Blockchain notarization via transaction ID ensures transparency, verification, and enforceability.  
  • The breakthrough could drive crypto integration into real estate, business, and personal contracts. 

Cardano’s ADA cryptocurrency has been used to execute Argentina’s first legally binding and judicially enforceable smart contract. This development allows contracts written in ADA to be upheld in Argentine courts, marking a step towards the integration of cryptocurrencies into traditional legal systems.

The contract, a loan agreement between two parties, involved 10,000 ADA with a four-month repayment term and a 10% interest rate.

Read also: Cardano Transaction Volume Dips as Major Upgrade …

The post Cardano’s ADA Used in Argentina’s First Legal Smart Contract appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Cardano (ADA) Price Prediction for May 20

Cardano (ADA) Price Prediction for May 20

The Cardano price today is trading near $0.722, slipping below key moving averages an...
Pi Coin (PI) Price Prediction for May 20

Pi Coin (PI) Price Prediction for May 20

After rallying over 45% from its May 17 low near $0.6595, the Pi Coin price today is ...
MainNewsCardano’s AD...

Cardano’s ADA Used in Argentina’s First Legal Smart Contract


by Coin Edition
for CoinEdition
Cardano's ADA Used in Argentina's First Legal Smart Contract
  • Argentina enables its first legally enforceable contract using Cardano’s ADA cryptocurrency.  
  • Blockchain notarization via transaction ID ensures transparency, verification, and enforceability.  
  • The breakthrough could drive crypto integration into real estate, business, and personal contracts. 

Cardano’s ADA cryptocurrency has been used to execute Argentina’s first legally binding and judicially enforceable smart contract. This development allows contracts written in ADA to be upheld in Argentine courts, marking a step towards the integration of cryptocurrencies into traditional legal systems.

The contract, a loan agreement between two parties, involved 10,000 ADA with a four-month repayment term and a 10% interest rate.

Read also: Cardano Transaction Volume Dips as Major Upgrade …

The post Cardano’s ADA Used in Argentina’s First Legal Smart Contract appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Cardano (ADA) Price Prediction for May 20

Cardano (ADA) Price Prediction for May 20

The Cardano price today is trading near $0.722, slipping below key moving averages an...
Pi Coin (PI) Price Prediction for May 20

Pi Coin (PI) Price Prediction for May 20

After rallying over 45% from its May 17 low near $0.6595, the Pi Coin price today is ...