Blockdemic Lab

Opinion/News/Deep-Dives on the Future of Money and the Internet

Smart contract

What are smart contracts and how are they used?

/

Smart contracts are the fuel behind every interesting innovation in the cryptocurrency space right now. Even so, most people don’t really understand them, including those who already own cryptocurrencies. To make matters worse, the bulk of blockchain industry sources attempt to explain them to beginners, but do so in a roundabout, confusing fashion. For these …