Smart Contract Development: Process A smart contract is a written agreement between two persons or entities that is programmed to run automatically. The terms of smart contracts are kept in a distributed database and cannot be modified since they are performed on blockchain. The blockchain is also used to handle transactions, which automates payments and counterparties. Because complex transactions can be programmed into the Ethereum protocol, the creation and execution of smart contracts has been simplified since the emergence of the digital currency Ethereum. LBM Solutions is one of the best Smart Contract Development Company in Mohali to develop beneficial smart contracts to grow businesses. Website:- https://lbmsolutions.in/blockchain-smart-contracts-what-are-they-and-how-do-they-work/?utm_source=sukh&utm_medium=smartcontract #smartcontractdevelopment #blockchain #ethereum