Category: Smart Contracts News

Smart Contracts News is the category where you can discover the most interesting news about smart contracts. What is a smart contract, and how does it work? A smart contract is, in essence, a decentralized way of confirmation or agreement. On a blockchain, parties may form a smart contract that needs a particular number of digital signatures before an activity is carried out or funds are paid, reducing the need for a third party. Smart contracts may be created by entities to meet certain conditions and requirements. Smart contracts were invented by Nick Szabo in the 1990s, and he is considered the father of the concept. When it comes to smart contracts, Ethereum is frequently regarded as one of the most popular blockchains. From monetary transactions to supply chains, voting, and much more, smart contract applications and use cases abound. Depending on the use case, several smart contract programming languages can be used.

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