Review of Smart Contract Technology: What Is It Used For and How to Work With It?
If not all the representatives of the crypto world heard about smart contracts, then probably most of them did. Therefore, it is so important to know the details of the work of this innovative technology of "smart contracts", the concept of which was announced a couple of decades ago, but was not fully realized in 2014. What is it, how can it be applied in practice, and what future, thanks to smart contracts, is the industry waiting for? Contents: (please, click the topic to scroll down to it)
- What is a smart contract?
- What is the advantage of smart contracts in practice?
- How to work with smart contracts?
- What is a smart contract for practice?
- How reliable is a smart contract?
- signatures of the parties that confirmed their agreement with the terms of the contract;
- the subject of the contract;
- the conditions under which the contract will be executed.