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Smart contracts: Revision history

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  • curprev 07:3307:33, 1 June 2022Reggie talk contribs 1,250 bytes +1,250 Created page with "Smart contracts work by following simple “if/when…then…” statements that are written into code on a blockchain. A network of computers executes the actions when predetermined conditions have been met and verified. These actions could include releasing funds to the appropriate parties, registering a vehicle, sending notifications, or issuing a ticket. The blockchain is then updated when the transaction is completed. That means the transaction cannot be changed, a..."