# Smart Contract Projects at AI Tinkerers

> Canonical HTML: https://aitinkerers.org/technologies/smart-contract
> Markdown URL: https://aitinkerers.org/technologies/smart-contract.md
> Technology record last updated: 2026-03-21T00:43:39Z
> Generated: 2026-10-25T14:53:49Z

A smart contract is self-executing, immutable code on a blockchain: it automates the 'if/when X, then Y' logic of an agreement without needing a third-party intermediary.

Smart contracts are digital agreements: code written (often in Solidity) and deployed to a decentralized network, like Ethereum, that automatically executes a transaction when predefined conditions are met. Conceptualized by Nick Szabo in 1994, this technology removes the need for costly middlemen (lawyers, banks) by making the contract terms self-enforcing and tamper-proof. Think of it as a vending machine for digital assets: insert 1 ETH (condition met), and the contract automatically dispenses the NFT (action taken). This core function underpins all decentralized finance (DeFi) and non-fungible token (NFT) systems, guaranteeing security and transparency across all parties.

- Official technology site: https://www.investopedia.com/terms/s/smart-contracts.asp
- Public AI Tinkerers demos and talks: 1
- Result page: 1 of 1

## Recent Public Talks and Demos

### [Chess Predict](https://la.aitinkerers.org/talks/rsvp_JloIyZD7310)

- Event context: June 25th - LA AI Tinkerers Meetup & Demos — 2024-06-26 — Los Angeles
- Public talk page: https://la.aitinkerers.org/talks/rsvp_JloIyZD7310

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