What Is Smart Contract? (Infographic)

By now, if you still haven't heard of the term Smart Contract or feeling hazy about it, you've come to the right place. Personally, I am pretty confident that Smart Contracts (together with its underlying Blockchain Technology) will drastically change the way we do things online in the near future. 

Even though you might be still very skeptical about cryptocurrency (e.g. Bitcoin, Ethereum etc..) but with the invention of Smart Contract (pioneered by Ethereum), Blockchain Technology will impact much more industries than you can imagine, the potential is limitless.  

So, what is Smart Contract? 

In order not to reinvent the wheel, I am going to share with you an awesome Infographic from Etherparty which beautifully described all the basics of Smart Contract. 

Enjoy...

The Power Of Smart Contracts On The Blockchain:

Source : Etherparty

Cheers!