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 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.
Read moreWhat is the best smart contract?
7 Smart Contract Cryptos to Watch in 2022
Read more