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Smart contracts has attracted widespread attention from software developers around the world

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  Smart Contracts are computer programs which are intended to automatically perform, control, or automatically document legally binding, exchange-able events or actions based on the terms of an agreement or contract. The term was first used by the World Wide Web and then popularized by eBay, PayPal, and other online payment technologies. This technology provides real-time execution of legally binding, exchange-able contract terms in a distributed network environment. Although this technology is still relatively new, its obvious advantages have attracted widespread attention from software developers around the world. As defined, a smart contract can be described as a computer program that coordinates the transfer of legal obligations between two parties, using a distributed network of computers to ensure contractual compliance with applicable laws and regulations. These computer protocols are programmed by legal experts in a variety of fields including computer science, law, and f...