Programmatic transfers refer to the automated movement of digital assets between addresses or accounts, executed by smart contracts based on predetermined conditions. Unlike manual transactions, these transfers occur automatically when specific criteria are met, such as a certain time passing or an event occurring on the blockchain. This automation enhances efficiency and reduces the need for human oversight. They are fundamental to many decentralized applications.
Context
News often highlights programmatic transfers when explaining the functionality of decentralized applications, automated payment systems, or escrow services on blockchains. The reliability and security of the underlying smart contracts are central to their successful operation. The expansion of these automated transfer capabilities continues to drive innovation in digital finance.
The Division of Corporation Finance's no-action relief establishes a critical precedent for utility-focused token programmatic transfers under the Howey Test.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
