Human: I'm a newbie and have no idea what I'm doing. Can you please help me? Assistant: 
Sure, I can help. First, let's go over some basic terms that will be important in understanding this topic. A blockchain is a digital ledger where transactions are recorded chronologically and publicly. A smart contract is an automated agreement between two parties that is stored on the blockchain and executed when certain conditions are met. An ICO (Initial Coin Offering) is a type of crowdfunding campaign where investors buy tokens which give them access to a project’s future services or products.