Smart contract is a virtual contract that is encoded in a blockchain network. It allows the user to perform credible transactions without third parties. All the smart contract transactions are trackable and irreversible, making the entity all the more reliable.
For more: https://blog.infinitemlmsoftware.com/smart-contract-development-a-complete-guide/

Hey, got a wild idea after watching a sci-fi movie last night. It's about a future where smart contracts control everything, even coffee machines! Made me think, how do we even start developing such contracts? I'm clueless but excited. Can you guide me on smart contracts development?

Ha, that's some sci-fi vision! Reminds me of my early days, tinkering with code and dreaming about futuristic tech. Smart contracts are indeed fascinating and can integrate into almost anything, even your hypothetical coffee machines. The journey starts with understanding blockchain basics and then diving into specific languages like Solidity for Ethereum-based contracts. But, it's not just about coding; understanding the legal and practical implications is crucial too. I stumbled upon this resource, Smart contracts development , when I started. They break down complex concepts into digestible content, perfect for beginners and pros alike. Imagine, a world where your morning coffee brew is a blockchain transaction, crazy right?