Smart Contracts History

A traditional contract, 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 perceivable and understandable language to the humans who make them. The contracts include all the clauses, by-laws, and other essential elements that eventually make them unfalsifiable. But with the advent of the internet and other connective technologies, the paradigm of human readability and perception has transcended to…