## What is intelligent contract? Smart Contract: Smart Contract, a computer language that runs on the blockchain, can handle commitments from all parties on its own terms and conditions. Simply put, smart contracts are digital versions of traditional contracts. Once the smart contract is started, it cannot be modified. ## Characteristics ### 1. Data transparency All data on the blockchain is open and transparent, so the data processing of the smart contract is open and transparent, and any party can see its code and data at runtime. ### 2. Cannot be tampered with All the data of the blockchain itself cannot be tampered with, so the smart contract code deployed on the blockchain and the data output generated by the operation can also be tampered with. The node running the smart contract does not need to worry about the malicious modification of code and data by other nodes. ### 3. Permanent run The number of nodes supporting the blockchain network often reaches hundreds or even thousands, and the failure of some nodes will not lead to the stop of intelligent contracts, whose reliability is close to permanent operation theoretically, which ensures that intelligent contracts can be effective at every moment like paper contracts.