Blockchain enabled smart contracts as a solution for distributed teams working on a technical project
INTRODUCTION Blockchain innovation and the Internet of Things (IoT) will be intertwined as numerous blockchain platforms are created concentrated on facilitating IoT interoperability. Smart contracts are a foundation of future development opportunities in IoT. What’s a Smart Contract? A Smart contract functions much like an agreement in the physical world, yet it is established by software that is immutable and resides on an encrypted distributed ledger. More particularly, a smart contract stores rules for arranging the terms of an understanding, consequently confirms satisfaction, and after that executes the concurred terms. A smart contract eliminates dependence on human action
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