Difference between revisions of "Smart contract"
Jump to navigation
Jump to search
(wrote smart contract) |
(No difference)
|
Revision as of 08:35, 30 April 2022
A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code inside it. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. Smart contracts need no third parties unlike centralized finance.