How to write Smart Contracts
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What are Smart Contracts on Blockchain?
- 14 April, 2017
- Posted by: toshendra
- Category: Ethereum, Hyperledger
No CommentsSmart Contracts are self-executing contracts. Contracts execute themselves and transactions happen automatically when both parties meet the conditions specified as part of a transaction. The executed contract then adds on to the blockchain as a transaction. Smart Contracts are indispensable to blockchain and vice-versa, as the execution happens because and through the blockchain technology. It