smart contract
smart contract noun: a software protocol that is capable of automatically enforcing terms agreed upon in a contract.
Noun
smart contract (plural smart contracts)
- A software protocol that is capable of automatically enforcing terms agreed upon in a contract.
- These are only a few examples of ways you can secure your smart contracts. The best thing to do to create a secure smart contract is to find an external auditor.2019, Kevin Solorio, Randall Kanna, David H. Hoover, Hands-On Smart Contract Development with Solidity and Ethereum, O'Reilly Media, →ISBN, page 240
- Technically speaking a smart contract is a self-enforcing agreement between parties, mutually unknown and otherwise anonymous counterparts, which is capable of executing the rules automatically in satisfying certain conditions.2020, Miadreza Shafie-khah, Blockchain-Based Smart Grids, Elsevier, →ISBN, page 112
Forms of smart contract
| plural | smart contracts |
|---|
Origin of smart contract
Coined by American computer scientist Nick Szabo in 1996.
Questions about smart contract
- What does smart contract mean?
- Smart contract means a software protocol that is capable of automatically enforcing terms agreed upon in a contract.
- What part of speech is smart contract?
- Smart contract is a noun.
- What is the plural of smart contract?
- The plural of smart contract is smart contracts.
Words near smart contract in the dictionary
Source and license
Adapted from Wiktionary: smart contract (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “smart contract.” Word.ws, https://word.ws/smart_contract. Based on Wiktionary, CC BY-SA 4.0.
