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Smart Contract

A smart contract came to existence with the launch of the Ethereum blockchain but has nowadays also been replicated in different forms on other blockchains. It can be seen as a protocol or computer program that is meant to autonomously and automatically execute pre-defined commands based on relevant events. The goal of this technology is to automate events and reduce the need for trusted third parties. This technology can be used for various purposes like the creation of tokens, facilitating DeF

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