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What Are Smart Contracts? – A Beginners Guide

Vitaliy Basiuk
Alissa Adams
Editor Fact checked
March 8, 2024 | UPD: June 10, 2024 | 12 mins min. reading | 81

What Are Smart Contracts?

Smart contracts are self-executing contracts with the terms of the agreement directly written into lines of code. They automatically execute actions once the predetermined conditions are met, without the need for intermediaries.

Discover the benefits and challenges of smart contracts and gain a better understanding of this revolutionary technology.

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Written by
Vitaliy Basiuk
CEO & Founder

Written by Vitaliy Basiuk
CEO & Founder at EvaCodes | Blockchain Enthusiast | Providing software development solutions in the blockchain industry

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