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Why æternity Smart Contract? Smart Contract is a program on the blockchain that lives in the contract state tree in full node. The programming language used to write æternity Smart Contract is called Sophia Smart Contract 

Why smart contract? Contract execution should be safe, efficient, cheap and scalable. Sophia is a new reason like programming language invented for the æternity virtual machine. Developers write smart contracts that run on the æternity blockchain in Sophia. Sophia’s syntax is derived from (OCaml/ReasonML). æternity smart contract approach. 

Overreaching functional goal of Æternity smart contracts are: ● Contract execution should be safe. ● Contract execution should be efficient and scale. ● Contract execution should be cheap. ● There should be a simple way to migrate from Ethereum smart contracts. Goals of Smart Contract 

Application on Smart Contract can: Build your own æpp. ● store data ● transact funds ● register names ● manage funds ● create oracles ● any computational task What can I do with a Smart Contract 

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