A smart contract, also known as a crypto contract, is a computer program that directly controls the transfer of digital currencies or assets between parties under certain conditions.
A smart contract, also known as a crypto contract, is a computer program that directly controls the transfer of digital currencies or assets between parties under certain conditions.
A smart contract not only defines the rules and penalties around an agreement in the same way that a traditional contract does, but it can also automatically enforce those obligations.
It does this by taking in information as input, assigning value to that input through the rules set out in the contract, and executing the actions required by those contractual clauses – for example, determining whether an asset should go to one person or returned to the other person from whom the asset originated.
These contracts are stored on blockchain technology, a decentralized ledger that also underpins bitcoin and other cryptocurrencies. Blockchain is ideal for storing smart contracts because of the technology’s security and immutability.
Course Content:
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This is a certification course for anyone with a basic understanding of computers. Course applicants will be trained to master developer-level insights that will be instrumental for them to try and make it big in the Blockchain sector.
A blockchain is a digital ledger of all cryptocurrency transactions. It is constantly growing as “completed” blocks are added to it with a new set of recordings. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.
The course is designed as an introduction to the Blockchain Ecosystem. In the course, you will be learning about Web 3.0, Web 2.0, Blockchain, History of Financial Systems, Hyperinflation, Bitcoin, and Ethereum. In this course, you will also be doing the hands-on Blockchain Demo.
Blockchain is a decentralized, digital ledger that records transactions across a network of computers. Blockchain technology is expected to enable more secure and transparent financial transactions, as well as provide a more efficient way of tracking and managing supply chains.
The primary objective of blockchain technology is to establish a decentralized and immutable ledger system. By decentralizing data storage and processing across a network of nodes, blockchain eliminates the need for a central authority or intermediary.
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