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  1. Categories >> Software >> Cryptography >> Blockchain
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How is smart contract development related to blockchain technology?

Question Posted / Avanish Kumar Pandey

Answer Posted / Avanish Kumar Pandey

Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They reside on a blockchain network, which provides a decentralized, tamper-evident platform for their execution. Smart contracts automate the execution of predefined rules and conditions, reducing the need for intermediaries and increasing efficiency.

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