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What is a smart contract?
What is a smart contract?
Written by Eugene Gavrilov
Updated over a week ago

Smart contract a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible. Smart contract functionality that will enforce automatic execution of the token offering terms, such as automated payouts of exit proceeds to token holders.

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