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 ...

Joe Liebkind is a reporter for top finance sites with 5+ years of experience as a writer, content strategist, and tech consultant. Every day presents a fresh opportunity to uncover a new application ...

Smart contracts use blockchain technology to create a digital ledger that records all transactions. The terms of the contract are encoded into the code, and the execution of the contract is automatic ...

In a world where most of the infrastructure behind processes, applications, and agreements relies on centralized entities, smart contracts are a novel concept that fosters trust and removes the need ...

Smart contracts are self-executing lines of code that run atop blockchains and are triggered once a set of predetermined conditions are met. They are used to automate the execution of online ...

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 ...

What is a smart contract in blockchain? Smart contracts are essentially programs that run when specific criteria are satisfied and are maintained on a blockchain. Smart contracts are usually used to ...

Mary: What is a smart contract? Mark: The principal aim of the smart contract is a tamper-proof, unambiguous, computable contractual relationship whose payout (or other outcome) automatically occurs ...

CFOs and finance departments are always looking for reductions in cost and increases in speed and efficiency in business engagements. One option that’s attracting more attention is the smart contract.