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Smart contract technology is code-based contracts built on blockchain or distributed ledger technologies. These contracts enable transparent, secure and decentralized transactions that can be executed automatically. Their operation usually includes the following steps:

1. Contract creation: Interested parties determine the smart contract code of the contract using a tool.

2. Determination of conditions: Details such as conditions in the contract, transaction conditions, processes and security measures are defined.

3. Coding: The specified conditions are written as smart contract code using programming languages ​​(usually such as Solidity).

4. Distribution and execution: The smart contract code is distributed on the blockchain and executed by all nodes in the network.

5. Automatic execution: Once the conditions in the contract are properly fulfilled, predetermined actions (for example, making a payment or transferring assets) are carried out automatically.

6. Security and transparency: Smart contracts are secure and transparent because they have a decentralized structure. Transactions are recorded and can be viewed by anyone.

This process explains the basic functioning of smart contract technology. However, each blockchain platform and smart contract implementation may be different. It is recommended to examine relevant platforms and resources for detailed information and application examples.

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Reelz:
Another one is if u in a public transit n the person close to u starts coughing rapidly n wants to spit across u.. check very well he is targeting your pocket or valuables.. don't fall a victim.

Fell for this 3 years ago

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