September 24, 2015

What is a Smart Contract?

Bloomberg BNA
Shawn S. Amuial | Josias N. Dewey

In our last article, we set forth the basic framework and mechanics of the blockchain, which we illustrated through a very simple transaction: we transferred a Bitcoin to our friend, Alex.

In this article, we will build on our basic understanding of the blockchain and discuss more complicated objects (or relationships) that can reside on the blockchain — smart contacts.

READ: What is a Smart Contract?

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