"Understanding Smart Contracts" by Àyoub Èśc

A type of cryptocurrency

A legal document

A traditional contract

A self-executing contract with the terms directly written into code

Increased transaction speed

Higher legal fees

Limited accessibility

More paperwork

Solidity

C++

Python

JavaScript

Decentralized finance (DeFi) applications

Traditional banking transactions

Physical asset trading

Email communication

To automate agreements

To manage user identities

To store data securely

To create digital currencies

Litecoin

Bitcoin

Ethereum

Ripple