Introduction to Web3 and Smart Contracts Web3 is an architectural upgrade of the web; an upgrade that involves substituting hierarchy with cryptographic integrity and programmable trust. The core of this change is the smart contracts: deterministic code fragments that are deployed on the blockchains and that run contracts without any intermediaries. In contrast to the…
Introduction The structure of trust is being rewritten. In place of the paperwork, intermediary, and lengthy reconciliation that was a factor behind agreements, there is programmable logic that dictates the value exchange. In the center of this transformation, there are the Web3 smart contracts that introduce the element of certainty in online communication. Their impact…
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