smart contract

Smart contracts, or cryptocontracts, are like automated lawyers for blockchain transactions; these computerized programs ensure both parties meet their end of the deal.

Why Smart Contracts Will Bring Blockchain to the Masses
Bitcoin always had potential to be big, but not many people could have foreseen how big it has become. With the current trading price being as high as $10,000 on a normal day, it's clear that people can and do see the value that blockchain currency can offer.
By Skunk Uzeki8 years ago in The Chain