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finance.md

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finance

  • general topics around finance, as its an important concept to blockchain

links

basics

  • Stop Loss: a term indicating the immediate need to stop doing whatevers causing the business to lose money
    • from a smart contract perspective, this e.g. would require a contract owner to pause the smart contract

escrow

  • legal arrangement in which a hird party temporarily holds money/property untila particular condition has bene met
  • used in transactions to protect both the buyer and the seller throughout the transaction process, e.g. like buying a home