Smart contract

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Smart contract(Q7544035) is an idea originally proposed by Finney. It is a kind of machine-executable contract that is guaranteed by some technical means to ensure the contract is executed according to some publicly acceptable interpretation. There are three kinds of related contracts:

  1. Smart Contract
  2. Ricardian Contract
  3. Social Contract

Implementation Language

Smart contracts can be implemented using shared memory computers, such as Ethereum, which implements a programming language called Solidity.