Scenario 5: Contract Conditionality

--

In this situation, Bob enters into a contract with a pool of builders to deliver a new property, and specifies a number of conditions within the contract that require independent sign-off (the first being the approval of the plans from the local planning authority).

This has a simple state machine model as shown in the diagram below:

--

--

Craig Wright (Bitcoin SV is Bitcoin.)
Craig Wright (Bitcoin SV is Bitcoin.)

Written by Craig Wright (Bitcoin SV is Bitcoin.)

My opinions are my own. Eternal student & researcher; plugging Bitcoin from as long as it was lawyer, banker, economist, coder, investor, mathematician, & stats