> For the complete documentation index, see [llms.txt](https://web3-glossary.xvitesse.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://web3-glossary.xvitesse.com/advanced-concepts/smart-contracts.md).

# Smart Contracts

Smart Contracts

Smart contracts are self-executing contracts with the terms of the agreement directly written into code. These contracts automatically enforce and execute the terms of an agreement based on predefined rules, without the need for intermediaries. Smart contracts are a foundational element of many blockchain applications, enabling complex transactions and automated systems.

\ <br>