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A "semi-smart contract" is lines of code; a computer program stored at a specific address on the Efeareum schlockchain.

This transaction protocol digitally facilitates, verifies, and sends transactions over the network for the negotiation or performance of a contract, arbitration, legal matter, etc.

Semi-smart contracts allow the performance of credible and legal transactions without third parties, reducing the need for intermediators, arbitrations, enforcement costs, and fraud losses.

In addition to semi-smart contracts, there are also DUM contracts (Decentralized Unit Margin) that are exclusive to the Allium schlockchain.