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Cryptography

स्मार्ट कॉन्ट्रैक्ट

A self-executing, code-based contract deployed on a blockchain that automatically enforces and executes agreed rules and transactions when predetermined conditions are met. Used in DeFi, custody, settlement, and asset management for trustless automation and compliance.

Quick answer: A self-executing, code-based contract deployed on a blockchain that automatically enforces and executes agreed rules and transactions when predetermined conditions are met. Used in DeFi, custody, settlement, and asset management for trustless automation and compliance.

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Quick answer

A self-executing, code-based contract deployed on a blockchain that automatically enforces and executes agreed rules and transactions when predetermined conditions are met. Used in DeFi, custody, settlement, and asset management for trustless automation and compliance.

Why it matters

स्मार्ट कॉन्ट्रैक्ट matters because it supports clear communication in Cryptography contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Editorial context

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Questions and answers

Questions and answers

What is स्मार्ट कॉन्ट्रैक्ट?

In this glossary, स्मार्ट कॉन्ट्रैक्ट refers to: A self-executing, code-based contract deployed on a blockchain that automatically enforces and executes agreed rules and transactions when predetermined conditions are met. Used in DeFi, custody, settlement, and asset management for trustless automation and compliance.

How is स्मार्ट कॉन्ट्रैक्ट used in finance?

In finance communication, this term appears in contexts such as: "क्रिप्टो पोर्टफोलियो कस्टोडियन स्मार्ट कॉन्ट्रैक्ट का उपयोग सेटलमेंट, स्टेकिंग और एसेट ट्रांसफर को मैन्युअल हस्तक्षेप या काउंटरपार्टी जोखिम के बिना स्वचालित करने के लिए करते हैं।"

Why does स्मार्ट कॉन्ट्रैक्ट matter in finance?

स्मार्ट कॉन्ट्रैक्ट matters because it supports clear communication in Cryptography contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Who uses स्मार्ट कॉन्ट्रैक्ट?

स्मार्ट कॉन्ट्रैक्ट is mainly used by Financial Analysts, Bankers, and Traders.

What category does स्मार्ट कॉन्ट्रैक्ट belong to?

In this glossary, स्मार्ट कॉन्ट्रैक्ट is grouped under Cryptography. Related pages in this category explain adjacent procedures, commands and operational concepts.

Where does this definition come from?

This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.

Definition

A self-executing, code-based contract deployed on a blockchain that automatically enforces and executes agreed rules and transactions when predetermined conditions are met. Used in DeFi, custody, settlement, and asset management for trustless automation and compliance.

Operational example

Crypto portfolio custodians use smart contracts to automate settlement, staking, and asset transfers without manual intervention or counterparty risk.

Localized term

स्मार्ट कॉन्ट्रैक्ट

Localized example

क्रिप्टो पोर्टफोलियो कस्टोडियन स्मार्ट कॉन्ट्रैक्ट का उपयोग सेटलमेंट, स्टेकिंग और एसेट ट्रांसफर को मैन्युअल हस्तक्षेप या काउंटरपार्टी जोखिम के बिना स्वचालित करने के लिए करते हैं।

Definition language

English reference definition

Source

CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

Category

Cryptography

Exam relevance

  • CFA
  • ACCA
  • FRM

Target audience

  • Financial Analysts
  • Bankers
  • Traders

Related terms

Use the related links below to continue through connected finance terminology.

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