Technology of Smart Contracts

Abstract

Chapter 3 introduces the reader to the most relevant technological aspects of blockchain and smart contracts. Specifically, Chapter 3 presents the technological foundations blockchain and smart contracts are built upon, by providing some basic examples, which could help to grasp how this technology works. In addition, it includes an overview of existing, soon to be developed, or potential applications of blockchain and smart contracts in different fields, in order to help the reader understand how they could affect existing processes or, more in general, society.