SHORT ANSWER: Smart contracts are digital agreements programmed and stored on blockchains that automatically execute when conditions are met. Smart contracts eliminate the need for centralized ...
Smart contracts are the worker bees of blockchain technology. Most of the programs that run on blockchains–ranging from financial exchanges to games–are decentralized applications (dapps) that are ...
A smart contract hosted on a blockchain autonomously executes once all the specified terms or conditions in a contract or agreement are satisfied, negating the need for intervention by an intermediary ...
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