A Guide on the History of Smart Contracts

A traditional contract, which is still universally used to date, is a written document that frameworks cooperation. It includes the terms and conditions of a partnership or service agreement. Contracts are traditionally written in a language that is perceivable and understandable to the humans who make it. The contracts include all the clauses, by-laws, and other important elements that eventually make it unfalsifiable. But with the advent of the internet and other connective technologies, the paradigm of human readability and…