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GE2073-CONTRACT-LAWS-AND-REGULATIONS--->View question


Asked On2022-06-22 19:35:29 by:Glory

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In today’s vernacular, smart contracts refer to computer programs that are deployed and executed on blockchain networks. They are being used to facilitate all kinds of functions from decentralized asset exchange to decentralized lending to blockchain-based asset issuance and tokenization. They were initially proposed by computer scientist and cryptographer Nick Szabo in the 1990s. He called vending machines a “primitive ancestor of smart contracts,” since they take coins and dispense a product and the correct change according to the displayed price.
Answerd on:2022-06-23 Answerd By:SimranLahrani

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