Smart contracts use blockchain technology to create a digital ledger that records all transactions. The terms of the contract are encoded into the code, and the execution of the contract is automatic ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Smart contracts are talked about quite a lot. What is often ignored, however, is their ...

The Ethereum network brought smart contracts into the blockchain space, making concepts like decentralized finance (DeFi) possible. Smart contracts can automatically execute processes once certain ...

A smart contract is an application that uses blockchain and acts as a digital contract supported by a set of rules. Smart contracts are not considered contracts in the legal sense in most ...

Since its introduction in 2014 the Solidity programming language has become the de facto standard to write smart contracts on the Ethereum blockchain network. Solidity is so popular that numerous ...

Decentralized finance continues to make its impact on the crypto market, and with over $13 billion of total value of assets locked, DeFi projects are clearly resonating with eager crypto investors.

In a world where most of the infrastructure behind processes, applications, and agreements relies on centralized entities, smart contracts are a novel concept that fosters trust and removes the need ...

Whether it is due to layers of middlemen or archaic practices, consumers and businesses suffer from unnecessarily high transaction costs in a wide range of legacy businesses, from insurance sales to ...

Smart contract security firm Certora raised $36 million in a Series B round led by Jump Crypto to fund development and port its flaw-detection technology to new blockchains. Other participants in the ...

Last November, a user accidentally froze around 514,000 ETH (worth approx. $155 million) in Parity, a popular Ethereum wallet. The culprit was a bug in the wallet’s software, which the user in ...