So what is a smart contract?
Answer / Mohd Jamshed
A smart contract is a self-executing computer program that automatically enforces the terms of an agreement between parties. It is stored on the blockchain and contains rules for handling, verifying, or executing the agreed-upon conditions between multiple parties. Smart contracts can replace traditional intermediaries like lawyers or banks in certain scenarios.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is the difference between ethereum and bitcoin blockchain?
Blockchain is a distributed database. How does it differ from traditional databases?
What guarantees that a supply chain transaction is “valid” if there is no one checking that the delivered mass equals what the system says?
Can you name few of the platforms for developing the blockchain applications?
What does blockchain do?
Where have you seen the greatest success in how blockchain has impacted the food industry so far? Are there any case study examples you can share?
How is ibm leveraging its position in the market as a trusted brand? How have early adopters impacted the development and growing success of this technology?
What is Ethereum?
What do you know about blockchain? What is the difference between the bitcoin blockchain and ethereum blockchain?
How does the security of a block works?
How double spending can be stopped in a blockchain?
What is dao recordset?