Smart contract address

Smart contracts are made possible by blockchains , a network of computers that work together to enforce rules on the network without requiring the help of an intermediary. With conventional contracts, a document outlines the terms of a relationship between two parties, which is enforceable by law.

Ethereum, you can create a tradable token that you can use as a new currency. Tokens created with the Ethereum platform use a standard coin API to be compatible with any Ethereum blockchain wallet. You can write a smart contract to build a blockchain-based organization .

Examples of smart contract applications include financial purposes like trading, investing, lending, and borrowing . They can be used for applications in gaming, healthcare, and real estate; and they can even be used to configure entire corporate structures.

Smart contract development can become a marketable skill for developers that know how to build them. A surprising part of smart contracts is that they aren’t hard to build . The DApp platforms and surrounding tools make it possible to create them and easily build your own blockchain technology.