Smart contract š„
A digital program that works automatically on the blockchain network to execute agreements or transactions when certain conditions have been met. This contract replaces the role of third parties such as notaries or financial institutions with a transparent, secure, and tamper-proof system. Because it operates in a decentralized manner, smart contracts are often used in various technological applications such as decentralized finance (DeFi), NFT tokens, digital voting systems, and crowdfunding. This technology is considered an important pillar in the Web3 ecosystem as it provides a more efficient, trustworthy, and centralized control-free system.
