If you dont know what a Blockchain Smart Contract is follow the link below to the OCC Original Crypto Coin's website to learn more
https://originalcryptocoin.com/knowledgebase/blockchain-smart-contracts/"Anyone that is interested in cryptocurrency needs to become better acquainted with how blockchain smart contracts work. Just as traditional contracts bind two parties in the exchange of assets like stocks or property, smart contracts perform a similar function for those who want to engage in transactions with cryptocurrency.
Understanding blockchain smart contracts will help participants develop the best strategies, so they get the most out of their investments into the world of decentralized digital currency.
Blockchain Basics
A blockchain is an incorruptible digital ledger where cryptocurrency transactions are recorded publicly as they take place.
Before beginners can understand what smart contracts are all about, they need to be clear on the definition and purpose of a blockchain. This decentralized technology is a new way to verify transactions and because of its decentralized and open source nature, everything is transparent and therefore protected.
Blockchain information is not stored in any one location, rather it exists across a network of computers. This makes the information in the database easy to verify because it is truly public. Participants can engage in monetary transactions between each other without the need for a third party to facilitate it. But what do smart contracts have to do with blockchains and cryptocurrency?
Why Blockchains Need Smart Contracts
Smart contracts are computer codes built into the blockchain network that both verify and enforce credible transactions between two parties without the need of a third party. "
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