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Ethereum Smart Contract Development

You're reading from   Ethereum Smart Contract Development Build blockchain-based decentralized applications using solidity

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Product type Paperback
Published in Feb 2018
Publisher Packt
ISBN-13 9781788473040
Length 288 pages
Edition 1st Edition
Languages
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Author (1):
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Mayukh Mukhopadhyay Mayukh Mukhopadhyay
Author Profile Icon Mayukh Mukhopadhyay
Mayukh Mukhopadhyay
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Toc

Table of Contents (13) Chapters Close

Preface 1. Blockchain Basics 2. Grokking Ethereum FREE CHAPTER 3. Hello World of Smart Contracts 4. A Noob's Guide to DApps and DAO 5. Deep-Diving into Smart Contracts 6. Solidity in Depth 7. Primer on Web3.js 8. Developing a Cryptocurrency from Scratch 9. Enterprise Use Cases 10. BaaS and the Dark Web Market 11. Advanced Topics and the Road Ahead 12. Other Books You May Enjoy

Fiat2Crypto and Crypto2Crypto exchange


Cryptocurrencies are not yet the financial instrument of choice for paying even the most routine purchases.

For example, to use a bitcoin wallet to buy a cup of coffee, we have to send BTC to the exchange for conversion, wait while the confirmations are processed, sell the bitcoins at a substantial loss, and then transfer the Fiat funds to our card. In some cases, the movement of our money would be the responsibility of an actual person acting as a courier. In the case of Ethereum, this is even more cumbersome.

There are many mushrooming exchange portals, but these carry a high risk. A couple of time-tested exchanges are poloniex.com and cex.io.

Estonia has adopted cryptocurrencies with open arms. The country has plans to open up a crypto bank by 2018 named Crypterium.

Figure 8.9 depicts the ICO sale for Crypterium. The crypto bank Crypterium, will be a basic DApp with the following exchange facilities:

  • Fiat2Crypto: The DApp withdraws Fiat money from the...
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