About Smart Contracts
For those that are unaware, a smart contract is a self-executing contractual agreement that works within a blockchain. A smart contract defines the terms and conditions agreed upon between the parties involved. The contract is located on the blockchain, which means that it cannot be altered - which can reaffirm both parties as to the integrity of the agreement. In addition to the many ways in which blockchain technology can change the world, Lime ICO also provides personalized smart contract solutions, as well. Smart contracts help to make blockchain applicable in the sense that it helps to ensure the efficiency and transparency that many people believe will disrupt all sorts of sectors and industries globally.