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Etymology. By 1996, Nick Szabo was using the term "smart contract" to refer to contracts which would be enforced by physical property (such as hardware or software) instead of by law. Szabo described vending machines as an example of this concept. [13][14] In 1998, the term was used to describe objects in rights management service layer of the ...
University of Washington Computer Science & Engineering. George Washington University Law School. Scientific career. Fields. Computer science. Digital currency. Website. unenumerated.blogspot.com. Nicholas Szabo is a computer scientist, legal scholar, [1] and cryptographer known for his research in smart contracts and digital currency.
Technology. A visual representation of Chainlink's "smart bond architecture". Chainlink's decentralized oracle network is an open-source technology infrastructure that allows any blockchain to securely connect to off-chain data and computation resources. The network nodes fetch, validate, and deliver data from multiple sources onto blockchains ...
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Decentralized application. A decentralised application (DApp,[1] dApp, [2] Dapp, or dapp) is an application that can operate autonomously, typically through the use of smart contracts, that run on a decentralized computing, blockchain or other distributed ledger system. [3] Like traditional applications, DApps provide some function or utility ...
A smart bond (or blockchain Bond) is a specific type of an automated bond contract that uses the capabilities of blockchain databases that can operate as cryptographically -secure yet open and transparent general ledgers. This is sometimes referred to as Distributed Ledger Technology (DLT). [1] It is one of a class of financial instruments ...
Solidity is a programming language for implementing smart contracts [6][7] on various blockchain platforms, most notably, Ethereum. [8] Solidity is licensed under GNU General Public License v3.0. [9] Solidity was designed by Gavin Wood [10][non-primary source needed] and developed by Christian Reitwiessner, Alex Beregszaszi, and several former ...