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What is a smart contract?
Smart contracts is the next step in the development of the blockchain idea. They expand the initial notion of a blockchain as a protocol for recording a financial transaction and transform it, in its essence, into a universal utility. Smart contracts by themselves are not the actual legal contracts. They serve as a digital solution, a programming support, for recording and safeguarding a legal transaction.
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Why we believe in blockchain
As blockchain technologies were playing a leading role in the establishment of Bitcoin and other cryptocurrencies, we came to closely associate the two and even identify them one with another in our minds. That gave blockchain an incomplete and somewhat mistaken identity. People tend to view it exclusively as a cryptocurrency tool. What they fail to see is a whole range of important innovative and practical solutions that it offers for businesses and social institutions alike.  
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