Introduction to Smart Contracts
Smart contracts have come a long way since their inception in 1994 by Nick Szabo. They have evolved from being a theoretical concept to a practical application of blockchain technology. The future of smart contracts is bright as they provide a secure, transparent and decentralized platform to conduct transactions. Smart contracts are here to stay and will become integral to many industries.
One of the major advantages of smart contracts is that they are self-executing, meaning they can execute themselves automatically based on predefined conditions.
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