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smart contract in Finnish

smart contract in Finnish is älysopimus — smart contract means a program stored on a blockchain that carries out the terms of an agreement — releasing funds, transferring ownership — when it is called and its conditions are met. It does not run by itself: someone or something has to send a transaction that triggers it.

smart contract in Finnish

älysopimus
noun
(technology, cryptocurrencies) A software protocol that is capable of automatically enforcing terms agreed upon in a contract.

What does "smart contract" mean?

  1. noun A program stored on a blockchain that carries out the terms of an agreement — releasing funds, transferring ownership — when it is called and its conditions are met. It does not run by itself: someone or something has to send a transaction that triggers it.
    "The smart contract releases the deposit as soon as both signatures are in."
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smart contract in a sentence

  • The smart contract releases the deposit as soon as both signatures are in.
  • A flaw in the smart contract let an attacker withdraw funds twice.

Common Finnish translations

Frequently asked questions

What is "smart contract" in Finnish?
"smart contract" in Finnish is älysopimus. smart contract means: A program stored on a blockchain that carries out the terms of an agreement — releasing funds, transferring ownership — when it is called and its conditions are met. It does not run by itself: someone or something has to send a transaction that triggers it.
How do you use "smart contract" in a sentence?
Example: "The smart contract releases the deposit as soon as both signatures are in." In Finnish, "smart contract" is älysopimus.
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Translations from WikDict, CC BY-SA · example sentences from Tatoeba, CC BY 2.0 FR.