Smart Contract
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These are normally implemented using cryptographic protocols to ensure all the typical properties of real-world contracts. | These are normally implemented using cryptographic protocols to ensure all the typical properties of real-world contracts. | ||
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| + | Smart Contracts were initially conceived by Nick Szabo. | ||
== Related Links == | == Related Links == | ||
Revision as of 20:52, 26 December 2006
A Smart Contract is an on-line cooperative arrangement between mutually suspicious parties.
These are normally implemented using cryptographic protocols to ensure all the typical properties of real-world contracts.
Smart Contracts were initially conceived by Nick Szabo.
