Blockchain Blockchain Question #6641
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QSmart contracts enable control of digital currency transfer between sender and receiver based on certain defined rules and conditions.

ID: #6641 Blockchain 284 views
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#6641Q ID
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BlockchainTopic

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  • A False
  • B Sometime yes
  • C True
Correct Answer

Explanation

True. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. These contracts can automatically enforce the rules and conditions of the agreement, including the transfer of digital currencies between parties based on predefined conditions. Therefore, smart contracts can enable greater automation and control of digital currency transfers.

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