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smart contract

Definition of smart contract from Regulation (EU) 2023/2854, Article 2, point (39).

Defined term

smart contract

Source

Data Act

Reference

Article 2, point (39)

Status

Published

Refresh rule

Regenerate after source legal-text changes

Definition

(39) smart contract means a computer program used for the automated execution of an agreement or part thereof, using a sequence of electronic data records and ensuring their integrity and the accuracy of their chronological ordering;

Source

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