What Is a Smart Contract and How Does It Work?

Smart Contract Explained

Introduction to Smart Contracts What Are Smart Contracts? Imagine a vending machine. You drop a coin, punch in a code, and—voilà—you get a soda. No person, no negotiation, no waiting. A smart contract works similarly. It’s a self-executing digital agreement where the terms are directly written into code. These contracts run on blockchain technology and … Read more

Beginner’s Guide to Understanding Blockchain Technology

Beginner’s guide to blockchain

What is Blockchain Technology? Alright, let’s break it down. Imagine a digital notebook that records transactions—but instead of being stored in one place, it’s duplicated across thousands of computers around the world. That’s blockchain. Blockchain is a decentralized digital ledger that securely records information in a way that makes it nearly impossible to alter. It’s … Read more