Q7. Provide your best assessment of the number of smart contracts deployed on NEAR and clearly outline your methodology (after all, contract lawyers love clearly specified terms).

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What Is a Smart Contract?

A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. The code controls the execution, and transactions are trackable and irreversible.

Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism.

While blockchain technology has come to be thought of primarily as the foundation for bitcoin​, it has evolved far beyond underpinning the virtual currency.

Methodology

in this dashboard, we use:

near.core.fact_actions_events table and filtered results to only show results with their Action_Name column is DeployContract for finding Smart Contracts.

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