“A smart contract is 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.”

The above definition basically states that smart contracts as the name suggests are contracts that can be programmed, verified without third parties, are trackable and are immutable unless explicitly mentioned in the contract.... read more!
https://www.bbod.io/bbod-blog/2018/8/18/smart-contracts

smart contract tech is going to replace middlemen in the distribution links

https://www.bbod.io/bbod-blog/2018/7/6/blockchain-a-brief-introduction


This is a brief article written by a friend, it explains what Blockchain technology is about,.. It's quite simple, we need to all have an idea what's going on ��

Hello there!

I decided to share this article here, I hope you find it intresting! �

It's time we all must ask ourselves, how much trust can we in place in the hands of centralised exchanges. Do you want to be a victim of the next centralised hack? Blockchain technology has afforded us the ability to be in control of our own funds.

https://www.bbod.io/bbod-blog/2018/8/7/centralisation-blockchain-technology

Most of us must have used the term ‘Smart Contracts’ in a blockchain discussion with colleagues or friends without completely realising the impact Smart Contracts can have on the entirety of the socio economic framework our society thrives on.

We have mentioned multiple times in this blog that Blockchain as a technology is revolutionary.

https://www.bbod.io/bbod-blog/2018/8/18/smart-contracts

Smart contracts are simply programs reserved on a blockchain that run when specific predetermined conditions are satisfied.

Generally, people use them to automate the completion of an agreement so that all parties will be immediately sure of the outcome, without any involvement of an intermediary or time loss.

This robust article covers it properly. Hope it helps - https://blog.bitmama.io/what-are-smart-contracts/