Word Pronunciation & Dictionary

smart contract

Word Rarity Uncommon

Frequency: Zipf frequency 4.58 in modern English

Syllables: smart -con-tract
IPA

19

Scrabble Score

13

Letters

3

Syllables

8

Unique Chars

Meaning

noun

A software protocol that is capable of automatically enforcing terms agreed upon in a contract.

Example Sentences

"These are only a few examples of ways you can secure your smart contracts. The best thing to do to create a secure smart contract is to find an external auditor."
"Technically speaking a smart contract is a self-enforcing agreement between parties, mutually unknown and otherwise anonymous counterparts, which is capable of executing the rules automatically in satisfying certain conditions."

Etymology

Coined by American computer scientist Nick Szabo in 1996.

Inflected Forms

smart contracts (plural)

Questions

What does smart contract mean?: A software protocol that is capable of automatically enforcing terms agreed upon in a contract.
Where does smart contract come from?: Coined by American computer scientist Nick Szabo in 1996.

How to pronounce smart contract

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