Smart Contracts are a central component to next-generation blockchain platforms. Blockchain technology is much broader than just bitcoin. The sustained levels of robust security achieved by public cryptocurrencies have demonstrated to the world that this new wave of blockchain technologies can provide efficiencies and intangible technological benefits very similar to what the internet has done.
Blockchains are a very powerful technology, capable of going much further than only "simple" financial transaction; a technology capable of performing complex operations, capable of understanding much more than just how many bitcoins one currently has in his digital wallet.
This is where the idea of Smart Contracts come in. Smart Contracts are in the process of becoming a cornerstone for enterprise blockchain applications and will likely become one of the pillars of blockchain technology.
In this presentation, we will explore what a smart contract is, how it works, and how it is being used.