What is a smart contract?

7 Dec 2021

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NGRAVEThe first end-to-end security solution to manage your crypto.

What is a smart contract?

A smart contract is a code that automatically executes predetermined actions when the required conditions are met. It brings certainty to the contract's participants while saving time and eliminating the need for third parties.

  • Article Quick Links:
  • How do smart contracts work?
  • The 3 main advantages of smart contracts
  • What are smart contracts used for?
  • What are the 3 main challenges facing smart contracts?
  • The 6 best practices for smart contracts
  • History of smart contracts
  • Future of smart contracts
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NGRAVE

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