Waves launches smart contracts on testnet

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Waves – one of the world’s fastest, most secure and user-friendly open blockchain platforms, with a wide range of effective tools for everyday use by enterprises and individuals – has released the first iteration of its smart contracts on testnet, with activation expected in early May. A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract while allowing for the completion of credible, trackable and irreversible transactions without third-party intervention. They automatically execute exactly as intended, and are secured by the entire network with absolutely no risk of downtime.

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