Discover how smart contracts automate blockchain transactions, their role in trusted agreements without intermediaries, and ...

Smart contracts are gaining popularity across a range of industries not typically associated with Web3—so it’s important to understand the basics.

Smart contracts are self-executing digital contracts that ensure tamper-proof, transparent execution of agreements written in code by automatically enforcing and verifying the terms.

A smart contract is a self-executing computer program with the terms of the agreement written directly into lines of code. It is stored and replicated on a blockchain network. Smart contracts enable ...

For example, ethereum smart contract code was designed to remain immutable or unchanged. This makes the system difficult, but not impossible, when it comes to upgrading code.

Two legal experts argue that we need enhanced due diligence before smart contract transactions are written in "blockchain stone".

A smart contract is code, just like any other software that runs on computers. However, a few factors make smart contracts more sensitive from a security perspective.