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    China 01-15 12:26
    Industry What is smart contract?

    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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    Karlsson1
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