What are blockchain smart contracts?
by SMEBOOK (admin) · February 28, 2021
Basically Blockchain is a shared, distributed ledger on which transactions are digitally recorded and linked together so that they provide the entire history or provenance of an asset. Smart contracts are lines of code that are stored on a blockchain and automatically execute when predetermined terms and conditions are met. Smart contracts use blockchain technology to verify, validate, capture and enforce agreed-upon terms between multiple parties.
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