Smart Contract
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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. | ||
Revision as of 17:46, 1 January 2008
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.
