Abstract Contract Model

Definition ∞ An abstract contract model is a conceptual framework for smart contracts. This model separates the contract’s logical behavior from its specific implementation details on a blockchain. It allows for the design of reusable contract patterns, enhancing interoperability and security across various distributed ledger technologies.
Context ∞ Discussions surrounding abstract contract models frequently address efforts to standardize smart contract development and improve cross-chain compatibility. The evolution of these models is crucial for advancing secure and efficient decentralized applications.