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What Are Smart Contracts?

April 05, 2022

Watch Time 2:16 MIN

What are smart contracts? A useful tool within the blockchain, smart contracts are trackable, irreversible programs, stored on a blockchain, that self-execute when predetermined conditions are met. Smart contracts could be programmed to work for the masses, replacing certain systems, or to carry out agreements between individuals.

For more blockchain and crypto education:
https://www.vaneck.com/us/en/education/investment-ideas/investing-in-crypto/


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