Smart Contract
From Erights
(Difference between revisions)
(add credit for Nick, still a stub, needs more work.) |
|||
| Line 1: | Line 1: | ||
A Smart Contract is an on-line cooperative arrangement between mutually suspicious parties. | A Smart Contract is an on-line cooperative arrangement between mutually suspicious parties. | ||
| - | These are normally implemented using cryptographic protocols to ensure | + | These are normally implemented using cryptographic protocols to ensure many of the typical properties of real-world contracts. |
Smart Contracts were initially conceived by Nick Szabo. | Smart Contracts were initially conceived by Nick Szabo. | ||
Revision as of 05:34, 8 March 2007
A Smart Contract is an on-line cooperative arrangement between mutually suspicious parties.
These are normally implemented using cryptographic protocols to ensure many of the typical properties of real-world contracts.
Smart Contracts were initially conceived by Nick Szabo.
