Smart Contracts on Algorand

Abstract

This Paper makes three main contributions. First, this Paper surveys Algorand Smart Contracts and the Algorand Network, including software systems and algorithmic architectures. Second, this Paper discusses various software mechanisms enabling developers to execute transfers on the Algorand Network. Third, this Paper advances Algorand Smart Contracts by introducing the Algogeneous Smart Contract. Algogeneous Smart Contracts are a new type of Algorand Smart Contract, which are simpler to develop and utilize artificial intelligence to ensure contracts are legally compliant and enforceable.

Keywords: Blockchain, Cryptocurrency, Smart Contracts, Artificial Intelligence, Algorand