An introduction to Smart Contracts

You hear every day about how much the price of Bitcoin has risen, or about other cryptocurrencies like Ether. You start to research a bit about them and see what’s behind them. Is there an actual use case? Is this price driven by an actual product?

Can you build something using the blockchain to actually answer some real-world problems?

With smart contracts, you can.

Let’s begin with a simple illustration of a transaction: