A lawyer breaks down the existing legislation that determines whether smart contracts are smart, legally binding or a even contract at all. Updated Sep 11, 2021, 1:29 p.m. Published Jun 26, 2017, ...

Like it or not, we seem to be stuck with the term “smart contract.” The technology, which can be used to automate transactions on a blockchain, is still so new that no one really agrees on its ...

Macquarie University provides funding as a member of The Conversation AU. Consider, for a moment, these two statements from the “Ultimate Guide to Understanding Blockchain Smart Contracts” on a well ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

The code is written by people, and they can make mistakes. If the smart contract is in the Blockchain, it couldn’t be changed. A good example of the human error is ...

When you hear the term “blockchain,” the first word that jumps to mind is likely “cryptocurrency.” While this association is certainly fair, it glosses over an even more powerful concept, one without ...

In a world where most of the infrastructure behind processes, applications, and agreements relies on centralized entities, smart contracts are a novel concept that fosters trust and removes the need ...

SHORT ANSWER: Smart contracts are digital agreements programmed and stored on blockchains that automatically execute when conditions are met. Smart contracts eliminate the need for centralized ...

Rakesh Sharma is a writer with 8+ years of experience about the intersection between technology and business. Rakesh is an expert in investing, business, blockchain, and cryptocurrencies. Amilcar has ...

Smart contracts are digital contracts on a blockchain that automatically execute when conditions are met. They operate on “if/when...then...” logic and are ...

The most innovative change brought into this ever-evolving blockchain ecosystem was the appearance of smart contracts. They form an invisible backbone behind every decentralized system and have lately ...

Smart contracts may sound like tech jargon, but beneath the name lies a game-changing solution that’s reshaping finance as we know it. The purpose of this piece is to, or at least attempt to anyway, ...