Smart Contracts In Blockchain
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Blockchain Basics - Smart Contracts In Blockchain
Blockchain has got a lot of attention recent years because it provides a security, trust, low cost solution to deal with transactions and data management. Because that, smart contract become possible. I am going to talk about Smart Contract in this article.
What Smart Contracts Are In Blockchain
A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible. Smart contracts were first proposed by Nick Szabo, who coined the term, in 1994.
