Question: How is a smart contract different from a normal contract?

How is a smart contract different from a normal contract?

Step by Step Solution

3.34 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Smart contracts and traditional contracts differ in several key aspects including their nature execution enforceability and underlying technology 1 Nature Smart Contract A smart contract is a selfexec... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Introduction To Accounting Questions!