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Using nLockTime for business funding
In the final session on day two, Dr Wright asked the attendees to think of ways to use nLocktime to make business easier for small to medium companies, such as by helping them raise money, sell bonds, and capture market data.
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Logistics, supply chain management and stock control
In the third session on day two, Dr Wright looked at the usage of nLocktime contracts in supply chains and services. He also held a workshop with attendees imagining different products and services that can be created using them.
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Time-locked DFAs
In the second session on day two, Dr Wright asked attendees to think of ways to use time-locked Deterministic Finite Automata (DFAs) to create processes for creating products or services. This included everything from shipbuilding and construction to issuing degrees.
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Ordering transactions
In the first session on day two, Dr Craig Wright discussed the concept of ordering transactions and having path-based sessions. He also discussed some of the practical use cases for nLocktime.
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Workshop on nLocktime transactions and Bitcoin
In the final session on day one, attendees were asked to split up and brainstorm how nLockTime transactions and Bitcoin contracts could be used in real-world use cases.
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Conflicts with alternative nLockTime
In the third session on day one, Wright discussed the potential complexity of contracts on Bitcoin and how to handle situations where time-based transactions might conflict.
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Integrating payment channels and nLockTime
Wright discussed the difference between holding Bitcoin for speculation purposes and using it for its intended purpose as a payments system.
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nLockTime vs other solutions
In the first session on day one, Wright discussed the differences between nLockTime and some of the alternative solutions on BTC and why these differences are so important.
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General ledgers and controls
In the second session in Zurich, Dr Wright discussed general ledgers and controls and asked members of the audience how triple-entry accounting and mapping transactions on-chain can be used in real-life use cases.
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Double-entry accounting vs blockchain’s triple-entry ledger
In the first session, Wright explained that the reason double-entry accounting was created was to solve some of the problems with error entry—with a double-entry book, two columns need to match, creating a check and a balance.