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Blockchain Expert Explains One Concept in 5 Levels of Difficulty - WIREDSmart contracts are simply programs stored on a blockchain that run when predetermined conditions are met. They typically are used to automate the execution. IBM has partnered with startup Stronghold and Stellar blockchain to launch USD Anchor, a stablecoin that can be used to facilitate cross-border transfers. Blockchain is a shared, immutable ledger that provides an immediate, shared and transparent exchange of encrypted data simultaneously to multiple parties as.
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