One benefit of blockchain includes its ability to harness the power of smart contracts. What is a Smart Contract? Although the term “smart contract” sounds like a legal instrument, a smart contract is ...

In a world where most of the infrastructure behind processes, applications, and agreements relies on centralized entities, smart contracts are a novel concept that fosters trust and removes the need ...

Discover how smart contracts transform shipment verification with automation, transparency, and cost efficiency.

Smart contracts are often mentioned in blockchain-themed patent applications and recited in claims. However, Examiners without a thorough understanding of this concept or unfamiliar with blockchain ...

We’ve been told again and again how cryptocurrencies are going to change the world. They’ll end the power of national banks, break down financial barriers and ease international trade. It hasn’t quite ...

Smart contracts are digital contracts on a blockchain that automatically execute when conditions are met. They operate on “if/when...then...” logic and are ...

Smart contracts are self-executing lines of code that run atop blockchains and are triggered once a set of predetermined conditions are met. They are used to automate the execution of online ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Amilcar has 10 years of FinTech, blockchain, ...

An application on Ethereum, Solana or other programmable blockchain. Smart contracts mostly govern financial arrangements; for example, they enable new cryptocurrencies to be established, and they ...

Smart contracts can (among other things) allow users to set extra rules on their bitcoin, requiring these rules be met before the funds can be unlocked. Minsc, created by Bitcoin developer Nadav Ivgi, ...

This article was co-authored by Stephen Elam, partner, and Elizabeth Meade, senior associate, Cooke Young and Keidan LLP. What is a smart contract? Smart contracts are computer code that automatically ...