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#Apply Smart Contracts To Authentic Digital Assets
#On the road to smart irreversibility
An authentic digital asset, or "ADA" for short, is any asset in digital format, such as an image, photo, PDF file, animated GIF, song, video movie, e-book, with an embedded digital barcode and stored on a custom-built blockchain.
A smart contract is a computer program running on a blockchain that is automatically executed upon meeting pre-defined terms and conditions.
It relies on a binding agreement between two parties presented in traditional paper or digital form.
A smart contract is made up of "if true then [do something] else [do something else]" conditional statements embedded within the transaction file, with outcomes dependent on whether or not predetermined conditions are met and verified.
In this particular case, the two parties are the seller of the original digital asset and the buyer of the original digital asset. The binding agreement sets out the conditions that must be met for the sale of the digital asset to be successful.
When a digital barcode is created and embedded into the digital asset, and the digital asset is tokenized and converted into an authentic digital asset, the smart contract is automatically executed.
The execution of the smart contract initiates the completion of a transaction and the update of a transaction file represented by a digitally signed block of data, which is then stored on each of the nodes that make up the blockchain network.
The transaction file can no longer be reversed, modified, corrupted or misused and is available for download and validation at all times.
The ChatLiner app allows authentic digital assets to be tokenized and securely hosted on a custom blockchain network.
As a high-performance technology solution, blockchain is a safe haven for storing and sharing sensitive information and other data that requires authentication.
#Recommended articles
>> How To Create An Authentic Digital Asset And Put It Up For Sale On A Custom-Built Blockchain
>> The Cost And Complexity Of Creating An Authentic Digital Asset
>> Improve Performance By Achieving Long-Term Sustainability And Storing Large Amounts Of Data
>> Frequently Asked Questions About Authentic Digital Assets
>> 7 Steps To Take To Create/Mint An Authentic Digital Asset
>> 5 Biggest Misconceptions About Authentic Digital Assets
#Step into the future of creating authentic digital assets
![]() #DCCT Network is a blockchain system with up to three devices connected to a common peer-to-peer (P2P) computer network.
Designed to host authentic digital assets, it is able to verify data in a way that is completely free from external scrutiny or influence.
Transactions over the network are carried out by exchanging electronic messages in the form of digital telegrams.
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