Enterprise Smart Contracts with Marley Gray

We sign many different types of contracts throughout our lives. We sign a mortgage to get a loan for a house. When we go to the hospital, we sign a piece of paper that defines how our medical data can be shared between organizations. These pieces of paper represent our opting into an agreement that will be mediated and enforced by computer interactions. We can’t see the code behind those computer interactions, and we can’t verify that it is abiding by the contract we agreed to.

Smart contracts allow for the programmatic execution of contractual agreements. Code is law, and there is less ambiguity. The most widely used smart contract platform is the Ethereum blockchain–but several large enterprises are creating their own smart contracts. Should all smart contracts be decentralized, or do enterprise consortium blockchains make sense?

In this episode, Marley Gray from Microsoft joins the show to discuss enterprise smart contracts–why you would want to use them and how they can be architected. Marley has worked on banking and financial technology for over a decade and makes some strong arguments for why banks will adopt smart contracts and the timeline for how that might take place.

We would love for you to fill out our listener survey at softwareengineeringdaily.com/survey. This will help us decide what other content to focus on.

Of course–you can also send me an email at any time, jeff@softwaredaily.com. And in the meantime, if you are completely sick of cryptocurrencies, check out our back catalog of episodes at softwaredaily.com, or by downloading our apps, which have all of our episodes including our Greatest Hits, which is a curated set of the most popular shows. The apps will soon have offline downloads and bookmarking.


Transcript provided by We Edit Podcasts. Software Engineering Daily listeners can go to weeditpodcasts.com/sed to get 20% off the first two months of audio editing and transcription services. Thanks to We Edit Podcasts for partnering with SE Daily. Please click here to view this show’s transcript.

Software Daily

Software Daily

Subscribe to Software Daily, a curated newsletter featuring the best and newest from the software engineering community.