smart contract
Defined in 1 place of the United States Code.
The term "smart contract" means a computer program stored in a distributed ledger system that is executed when certain predefined conditions are satisfied and wherein the outcome of any execution of the program may be recorded on the distributed ledger.
Source
- 2022–present42 U.S.C. § 19222The Public Health and Welfare · National research and development strategy for distributed ledger technology · in this section