2018-10-19 13:53:51 +01:00
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---
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2018-10-12 04:30:38 +05:30
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title: Smart Contracts
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---
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## Smart Contracts
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Transactions in a blockchain are a very basic contract - One party sends resources to another.
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2018-10-19 13:53:51 +01:00
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In the Ethereum blockchain, transactions can support any kind of logic. They have the expressive
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2018-10-12 04:30:38 +05:30
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power of a Turing-Complete machine - meaning they can be steps for a task that a computer can do.
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As a piece of code that sits on the blockchain, a smart contract can automate tasks.
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When an account receives money it can automatically distribute it to others.
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This is entirely transparent so all the nodes(miners) can see what logic is being executed.
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2018-10-14 02:38:38 +05:30
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## Blockchain Technologies
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Two of the most common technologies used are :
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2018-10-25 09:16:49 -04:00
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- Ethereum: generally made with Solidity
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- Hyperledger: generally made with Go, or Java
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2018-10-14 02:38:38 +05:30
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