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What is a Smart Contract in Blockchain?

valid until: 17 Jul 2026date published: 17 Jul 2025

A smart contract is a blockchain-based program that executes automatically when conditions are met. It replaces traditional agreements by removing intermediaries, ensuring security, speed, and cost-efficiency. Used in finance, logistics, and digital identity, smart contracts drive trust and innovation in decentralized ecosystems.

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What is a Smart Contract in Blockchain?