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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

Bitcoin, ETH, XRP Slide While Cardano Breaks Ahead

Bitcoin, ETH, XRP Slide While Cardano Breaks Ahead

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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

Bitcoin, ETH, XRP Slide While Cardano Breaks Ahead

Bitcoin, ETH, XRP Slide While Cardano Breaks Ahead

Cardano’s ADA is up about 3% while most top cryptocurrencies have declined. Graysca...
Bitcoin consolidation below $123,000 reflects caution rather than market weakness

Bitcoin consolidation below $123,000 reflects caution rather than market weakness

Bitcoin’s (BTC) stalling between its recent all-time high and range lows is a sign of...