Is 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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Is Ethereum smart contract legit?

Well, the smart contract version isn’t that fun to play. [TL;DR] Using a ‘feature’ in the Solidity programming language it is possible to create smart contracts on the Ethereum blockchain that look completely legit ; however, everyone that sends money to the contract can never get it back due to that ‘feature’.

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