Idiom idiom
Smart Contract
Meaning
Self-executing code stored on a blockchain that runs automatically when its conditions are met.
Examples
“The whole app runs on a smart contract.”
“The marketplace uses a smart contract to release payment only after the buyer confirms delivery.”
“Once a smart contract is deployed to the blockchain its code cannot be edited, so an overlooked bug becomes a permanent and often expensive feature.”
Origin
disputed origin
disputed origin
Smart (automated) + contract (agreement).
Last updated July 19, 2026