Blockchain : Confusion about Smart Contract

Blockchain : Confusion about Smart Contract

How does smart contract work with purchasing a property? Does this involve EVM? or it’s just storing the details of a contract in the ledger? can anyone please write the steps in details? (explanation with an example will be really helpful)

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What is the Blockchain?

A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.

Author: pooja307

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