What is a Smart Contract?

A smart contract is a self-executing contract with the terms written into lines of code across a distributed, decentralized blockchain network.

Connect & the win Blockchain use smart contracts.

• Smart contracts are self-executing with the terms of the agreement between buyer and

  seller being directly written into lines of code.

• Smart contracts render transactions traceable, transparent, and irreversible.

• Smart contracts permit trusted transactions and agreements to be carried out among disparate,

  anonymous parties without the need for a central authority, legal system, or external enforcement

  mechanism.