smart contract
as defined in Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on…, Article 2, point (16)
a computer program stored in an electronic ledger system wherein the outcome of the execution of the program is recorded on the electronic ledger
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Also defined in
- Regulation (EU) 2023/2854 of the European Parliament and of the Council of 13 December 2023 on harmonised rules on fair… 32023R2854, Article 2, point (39)
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