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.
Read moreWhat is a smart contract platform?
Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met . They typically are used to automate the execution of an agreement so that all participants can be immediately certain of the outcome, without any intermediary’s involvement or time loss.
Read moreWhat is the best smart contract platform?
Ethereum : Ethereum is known for being one of the best cryptocurrencies that launched smart contracts on its network.
Read moreWhich blockchain supports smart contracts?
The most popular blockchain for running smart contracts is Ethereum . On Ethereum, smart contracts are typically written in a Turing-complete programming language called Solidity, and compiled into low-level bytecode to be executed by the Ethereum Virtual Machine.
Read moreIs Stellar smart contract platforms?
“Bringing smart contracts to Stellar is not a departure from the values or vision of the network. Since the Stellar network was built for the future of payments, it’s critical that smart contracts on Stellar are secure for users and can scale without exorbitant network fees .”
Read moreCan I write my own smart contract?
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 .
Read moreWhat is an example of a smart contract?
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.
Read more