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Blockchain-based smart contracts can potentially replace certain traditional contracts through decentralized enforcement and reduced transaction costs. However, scalability is a key bottleneck hindering their broader application and adoption, often leading to concentrated or exclusive networks....
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Index based insurance schemes can play a vital role in insuring poor people in developing countries against a multitude of risk. However, the concept doesn’t go along without any obstacles. Matthias Rödl provides a theoretical framework of index based insurance schemes and further highlights...
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