For example, a smart contract to transfer ownership of an apartment once a certain amount of resources have been transferred to the seller’s account(or wallet) . A smart contract can be deployed in a blockchain that keeps track of vehicles maintenance and ownerships.
Read moreIs Bitcoin a smart contract?
Many think that smart contracts are only executable on overly-complex blockchains, but Bitcoin is a smart contract platform by definition . Many think that smart contracts are only executable on overly-complex blockchains, but Bitcoin is a smart contract platform by definition.
Read moreWhat are smart contract platforms?
Smart contracts platforms deploy, verify, and execute smart contracts . Smart contracts are built upon blockchain technology. They are implemented through computer code which defines the terms and conditions of the contract.
Read moreWhat is the best smart contract?
7 Smart Contract Cryptos to Watch in 2022
Read moreWhat companies are using smart contracts?
Top 10 Smart Contract Development Companies
Read moreIs Uber a smart contract?
A smart contract is essentially what it sounds like – a contract that self-executes. A good way to understand the potential applications of a smart contract is to consider the ride-sharing service Uber . When you order an Uber on your phone, the request gets sent directly to Uber’s big server farm.
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