David M. Adlerstein is counsel at New York City law firm Wachtell, Lipton Rosen & Katz, where he focuses on mergers and acquisitions, corporate, securities law and regulatory matters. In this opinion ...

A smart contract is a self-executing computer program with the terms of the agreement written directly into lines of code. It is stored and replicated on a blockchain network. Smart contracts enable ...

Smart contracts automate transactions on blockchains, cutting out middlemen and reducing fees. Decentralized finance uses smart contracts for trading, lending, and more without traditional banks.

What is a smart contract? This is a question that, these days, has become impossible to answer without starting the digital equivalent of a bar fight. The minute that term is thrown out in a ...

Smart contracts are potentially one of the most useful tools associated with blockchain, and they can enable the transfer of everything from bitcoin and fiat currency to goods transported around the ...

Since its introduction in 2014 the Solidity programming language has become the de facto standard to write smart contracts on the Ethereum blockchain network. Solidity is so popular that numerous ...

What’s the utility of a so-called ‘smart contract’ if its enforceability in traditional legal systems is a grey area? Most would agree that thorny questions such as this pose a major constraint on the ...

Recent research by major artificial intelligence company Antropic and AI security organization Machine Learning Alignment & Theory Scholars (MATS) showed that AI agents collectively developed smart ...

An application on Ethereum, Solana or other programmable blockchain. Smart contracts mostly govern financial arrangements; for example, they enable new cryptocurrencies to be established, and they ...

A logic error in a smart contract, which is software that resides on Ethereum or other programmable blockchain. Because smart contracts are involved in financial ...