Following is a transcript of the video. Stephen Wolfram: I think one of the most interesting ideas that blockchain is surfacing is the idea of computational contracts. You know, normally when one sets up a contract, it's something that's written in, well, almost English, but actually it's legalese because it has to be a bit more precise than English. And it says, you know, this party is going to do this, and that party is going to do that. What if we could write that contract in code? What if we could write a computational contract that isn't written in legalese, but is written in some computational intelligence language, which could actually be just executed by a computer if we chose to, as well as understood by humans? Well, our Wolfram Language, that I've been developing for the last 32 years, is sort of the ideal language in which to describe things about the world of the kind that you want to talk about in contracts.

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