What is it?
A smart blockchain is a type of blockchain that can automatically execute contracts and processes. It uses code that runs on the blockchain.
Tech Understandability: Intermediate
Simple One-Sentence Definition
Smart blockchains automate tasks using code.
Analogy or Comparison
It is like a vending machine that automatically gives you your snack when you insert money.
Why it matters?
Smart blockchains can reduce the need for middlemen, making transactions faster and cheaper.
Fun Fact
The most well-known smart blockchain is Ethereum, which supports many decentralized applications.
Related Terms
Blockchain: A blockchain is a digital ledger that records transactions across many computers.
Smart Contract: A smart contract is a self-executing contract with the terms written in code.
Tech Teacher 
Leave a comment