Industry What is smart contract?

Karlsson1

Trader

2021-01-15 20:26
  • Related Tags: Blockchain Technology
  • Market analysis: Smart contracts are the building blocks for blockchain based applications. The concept behind smart contracts is the contractual governance of transactions between two or more participants. It can be verified programmatically with the blockchain, instead of a central authority.Also, smart contracts allow users to control ownership by offering controlled data disclosure.
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