A smart contract in the blockchain is a self-executing digital contract that is coded to automatically enforce and execute the terms of an agreement when predefined conditions are met. These contracts run on blockchain networks like Ethereum and are written using programming languages such as Solidity. Smart contracts facilitate secure and transparent transactions without the need for intermediaries, enhancing efficiency and trust in various applications, including smart contract development.
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A smart contract in the blockchain is a self-executing digital contract that is coded to automatically enforce and execute the terms of an agreement when predefined conditions are met. These contracts run on blockchain networks like Ethereum and are written using programming languages such as Solidity. Smart contracts facilitate secure and transparent transactions without the need for intermediaries, enhancing efficiency and trust in various applications, including smart contract development.