The herding mentality in finance is a recurring theme. We have seen it take place both during the dot-com boom and the mortgage crisis. Recently, it is fintech startups and the solutions that they develop which have attracted interest. Smart Contracts (SC) are a recent example of a solution that’s beginning to turn heads. One often hears SC associated with Blockchain, another big fintech buzzword.
Smart Contracts (SC) serve as a programmable layer that sits on top of a Blockchain. There are various ways to characterise the way SCs work, such as:














