https://blockchaining.org/tags/infrastructure/ Recent content in Infrastructure on Blockchaining.org Hugo en-us Tue, 21 Apr 2026 00:00:00 +0000 https://blockchaining.org/2026/04/21/smart-contracts-are-the-infrastructure-of-defi/ Tue, 21 Apr 2026 00:00:00 +0000 https://blockchaining.org/2026/04/21/smart-contracts-are-the-infrastructure-of-defi/ <p>A smart contract is a piece of software that executes automatically when predetermined conditions are met. It requires no human to process it, no institution to authorize it, and no counterparty to trust it. In the context of decentralized finance, this is not a minor technical detail — it is the entire architecture. Defi exists because smart contracts make it possible to replicate the functions of financial intermediaries in code.</p>