What Are Smart Contracts?

Smart contracts are a major and exciting new development in finance and computer science, and this six minute explainer will break down the complex science to tell you what you need to know about them! We discuss Ethereum smart contracts, monero, and bitcoin contracts. Contracts are divided into turing complete, and turing incomplete models. And examples of what can be developed with each type are discussed. Now that eos and tezos have ICO'd, the future for smart contracts is as bright as its ever been. Watch to find out more!