Smart contract is a piece of programming code that is run on a distributed database network, such as Bitcoin or Ethereum. By using a smart contract, the parties commit themselves to the rules defined in the programming code.
« Back to Glossary IndexSmart contract is a piece of programming code that is run on a distributed database network, such as Bitcoin or Ethereum. By using a smart contract, the parties commit themselves to the rules defined in the programming code.
« Back to Glossary Index