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 moreIs it hard to write smart contracts?
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.
Read moreHow are smart contracts created?
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.
Read moreWhat are examples of smart contracts?
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 and how does it work?
A smart contract is an agreement between two people in the form of computer code . They run on the blockchain, so they are stored on a public database and cannot be changed. The transactions that happen in a smart contract are processed by the blockchain, which means they can be sent automatically without a third party.
Read moreAre smart contracts contracts?
Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.
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