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Nick Szabo is a computer scientist and cryptographer who has made significant contributions to the development of digital currency and blockchain technology. Szabo is best known for his work on the concept of “smart contracts,” which allow for the execution of contracts between parties without the need for third-party intermediaries.

Szabo was born in Hungary in 1963. He received his undergraduate degree in mathematics from the University of Waterloo in 1984, and his graduate degree in computer science from the University of California, Berkeley, in 1988.

Szabo began his career at Microsoft in 1988, where he worked on the development of the company’s first digital signature system. He left Microsoft in 1995 to join the computer science department at the University of Hawaii, where he served as the chair of the department from 1998 to 2001.

In 2001, Szabo co-founded the company BitInstant, which became one of the first companies to allow users to buy and sell bitcoins online. BitInstant was later acquired by Coinbase in 2016.

Szabo has also made significant contributions to the development of blockchain technology. He is the founder of the Ethereum Foundation, which is responsible for developing the Ethereum blockchain platform.

Szabo has been widely recognized for his work in the field of digital currency and blockchain technology. He has been awarded several prestigious awards, including the prestigious Turing Award in 2009, the inaugural Bitcoin Award in 2015, and the inaugural Ethereum Foundation Award in 2016.

Szabo’s work in the field of digital currency and blockchain technology has had a significant impact on the development of these technologies. His work on the concept of “smart contracts” has allowed for the development of a more secure and efficient platform for the execution of contracts between parties. His work on the development of blockchain technology has made it possible to create decentralized applications (dApps) that can be used to create a variety of new business models.