A Version Contract is a type of smart contract designed to manage and handle changes over time while maintaining compatibility with previous versions. It allows developers to update the contract’s logic or features without needing to disrupt the existing deployed contract.This system typically involves maintaining a record of different versions of the contract. When a new version is created, it can inherit properties from earlier versions, ensuring that existing users and transactions remain functional. This way, upgrades can be made seamlessly, thereby reducing the risks associated with contract migration or redeployment.Version contracts are particularly useful for projects that require flexibility and the ability to adapt to new regulatory requirements or technological advancements. They help in ensuring that the contract can evolve while maintaining its core functionalities and protecting users’ interests. Overall, Version Contracts provide a structured approach to software evolution in blockchain environments.