What are "SEMI-SMART CONTRACTS"
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.