Question

What is a smart contract in the context of blockchain

Q: Answer-What is a smart contract in the context of blockchain technology?

A smart contract is a self-executing program with code that automatically executes and enforces the terms of a contract on a blockchain when specific conditions are met, eliminating the need for intermediaries.

technology?

A A legally binding contract between blockchain participants

B An automated program that enforces contract terms on a blockchain

C A mechanism for resolving disputes in blockchain transactions

D A protocol for establishing secure connections between blockchains

E All of these

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What is a smart contract in the context of blockchain

Solution