How Smartcontracts Work - An Illustration for Beginners

in blockchain •  7 years ago 

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Nice info graph. I'm just starting to dive deeper into blockchain technology. I had a basic understanding of smart contracts, but I wasn't sure how they could be implemented for transferring ownership of material goods. This example makes a lot sense. It'll be interesting to see how this all evolves, so many use cases, but each will require it's own specialized application to verify the transaction.