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EU Blockchain Observatory and Forum
General publications

EUBOF workshop - Smart Contracts, March 10th, 2022


Publication date
11 March 2022


Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met. They typically are used to automate the execution of an agreement so that all participants can be immediately certain of the outcome, without any intermediary’s involvement or time loss. They can also automate a workflow, triggering the next action when conditions are met.

Watch the recording of our workshop that took place on the 10th of March and follow the discussion between distinguished panelists aiming to 

- Define and explain the notion of smart contracts
- Define and explain how smart contracts work
- Discuss the benefits of smart contracts
- Discuss applications and use cases.