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Smart Contract Platforms

Definition

Smart contract platforms are blockchain networks that support the execution of self-executing contracts. These platforms enable developers to deploy decentralized applications (dApps) that automate agreements and transactions based on predefined conditions. The programmability of these platforms is foundational to the creation of decentralized finance (DeFi) and other blockchain-based services. Their architecture dictates the capabilities, security, and scalability of the applications built upon them.