*The video is in Thai.
Smart contracts are little computer programs that are stored in Ethereum blockchain and can be activated by funding them with some Ethers (ETH), Ethereum’s native token. A smart contract contains rules and regulations between a buyer and a seller. It can facilitate the exchange of documents, company shares, money, properties, and almost anything of value. Its main goal is to digitally oversee, verify, enforce, or sign an agreement.
Learn more about smart contracts here.