智能合约是一种旨在以信息化方式传播、验证或执行合同的计算机协议。智能合约允许在没有第三方的情况下进行可信交易。这些交易可追踪且不可逆转。其目的是提供由于传统合同方法的安全，并减少与合同相关的其他交易成本。
Smart contracts are computer agreements designed to disseminate, validate or execute contracts in an informative manner. Smart contracts allow for credible transactions without a third party. These transactions are traceable and irreversible.
智能合约作为一种计算机技术，不仅能够有效地对信息进行处理，而且能够保证合约双方在不比引入第三方权威机构的条件下，强制履行合约，避免了违约行为的出现。智能合约的优点有：合约制定的高效性，合约维护的低成本性，合约执行的高准确性。虽然智能合约较传统合约具有明显的优点，但对智能合约的深入研究与应用仍在不断探索中，新兴技术的潜在风险依然存在。智能合约作为区块链的一项核心技术，已经在以太坊、Hyperledger等影响力较强的区块链项目中，得到广泛应用。
Smart contracts, as a computer technology, not only allow for the efficient processing of information, but also ensure that both parties are not forced to perform contracts, and avoid defaults, as opposed to the introduction of third-party authorities. Smart contracts have the virtues of being efficient, low-cost in contract maintenance, and high-precision in contract enforcement. While smart contracts have clear advantages over traditional contracts, their in-depth study and application are still being explored, and the potential risks of emerging technologies remain. Smart contracts, as a core technology in block chains, have been widely used in influential block chain projects such as Taipan, Hyperledger and others.
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