8

Smart Contracts

This chapter introduces smart contracts. This concept is not new; however, with the advent of blockchain technology, interest in this idea has been revived. Smart contracts are now an ongoing and intense area of research in the blockchain space. Many blockchains have emerged that support smart contracts.

Due to benefits such as the increased security, reliability, decentralization, cost-saving, and transparency that smart contracts can bring to many industries (especially the finance industry), smart contracts are seen as a technology that has the potential to change billions of lives.

In this chapter, we will cover the following topics:

  • Introducing smart contracts
  • Ricardian contracts
  • Smart contract templates
  • Oracles
  • Deploying ...

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