IDG Contributor Network: Smart contracts are winning over tech startups

Blockchain has become the IT buzzword in recent years, with hundreds of new companies rushing to create products and services based on the decentralized technology. With the amount of attention blockchain-based companies have been receiving, ranging from wide news coverage to massive valuations, many have overlooked one of the technology’s most valuable building blocks: the smart contract.Most startups focus on blockchain’s security features like transparency, fraud resistance, and h