Smart Contracts and DApps

Discussion in 'Questions and Answers' started by riyasteve, Jun 7, 2019.

  1. riyasteve

    riyasteve New Member

    Apr 10, 2019
    Smart contracts are self-executing contracts that run on blockchain technology. They follow a certain protocol. The conditions that are coded into the contract need to be met so that it is executed.

    A Dapp is a decentralized application that is connected to blockchain using smart contracts. They are computer applications that work on a peer-to-peer system.

    It is a common misconception that smart contracts and decentralized apps are the same thing. But this is not true. They both operate with the same technology - blockchain. But they are different.

    Both smart contracts and dapps are great tools to enhance business. Eager to build your own? Blockchain App Factory can help you by providing quality services.