Tech tool offers improved assurances for small business contracts
Peer-Reviewed Publication
Updates every hour. Last Updated: 13-Dec-2025 10:11 ET (13-Dec-2025 15:11 GMT/UTC)
Researchers have demonstrated a new tool to improve the security of small-scale business transactions with the goal of helping ensure that businesses are paid and customers get what they pay for. The tool, which relies on blockchain-powered smart contracts, essentially serves the same function that letters of credit provide for large companies.
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