What is Smart Contract?

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A **Smart Contract** is a self-executing digital agreement with the terms of the agreement directly written into lines of code, which automatically executes and enforces the contract's conditions when pre-defined criteria are met, without the need for intermediaries.

Smart Contract

What is Smart Contract?

What are the core components and execution process of a Smart Contract?

How do Smart Contracts differ from traditional legal contracts, and what are their primary benefits?

What are the primary use cases and applications of Smart Contracts in Decentralized Finance (DeFi) and beyond?

What are the major security risks and legal challenges associated with Smart Contracts?

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