SHORT ANSWER: Smart contracts are digital agreements programmed and stored on blockchains that automatically execute when conditions are met. Smart contracts eliminate the need for centralized ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

Joe Liebkind is a reporter for top finance sites with 5+ years of experience as a writer, content strategist, and tech consultant. Every day presents a fresh opportunity to uncover a new application ...

When it comes to cryptocurrencies and blockchains, there's a lot of talk about smart contracts. But what are they, exactly? The overnight ascension of cryptocurrencies has thrust an entirely new ...

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

CFOs and finance departments are always looking for reductions in cost and increases in speed and efficiency in business engagements. One option that’s attracting more attention is the smart contract.

The flurry of blockchain applications and use cases that have burst into the marketplace during 2020 and 2021, from decentralized finance (DeFi), decentralized exchanges (DEXs), and non-fungible ...

We’ve all heard about the benefits of smart contract technology - a trustless tool to boot out the middleman when exchanging money, assets, or anything of value. As revolutionary as blockchain’s ...

This concentration provides students with detailed knowledge on the potential of blockchain and smart contracts, their implications on auditors, and how the accountancy profession can benefit from ...

What is smart contract testing? The process of methodically assessing and validating the performance, security and functionality of smart contracts — self-executing agreements with the provisions of ...