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A smart contract is a self-executing contract with the conditions of the buyer-seller agreement that are put directly into lines of code. Smart contracts eliminate the need for a central authority, legal system, or external third-party to carry out trustworthy transactions between distant, anonymous participants.
*The content hereby presented is for informational purposes only. Nothing of this content that is available to you shall be considered as financial, legal or tax advice. Please, keep in mind that trading cryptocurrencies pose a considerable risk of loss.
A smart contract is a self-executing contract with the conditions of the buyer-seller agreement that are put directly into lines of code. Smart contracts eliminate the need for a central authority, legal system, or external third-party to carry out trustworthy transactions between distant, anonymous participants.
*The content hereby presented is for informational purposes only. Nothing of this content that is available to you shall be considered as financial, legal or tax advice. Please, keep in mind that trading cryptocurrencies pose a considerable risk of loss.
