Wasm, short for WebAssembly, is a binary instruction format that allows code to run in web browsers efficiently. It enables high-performance applications to be developed using languages like C, C++, and Rust, which can then be compiled to run in any modern web environment.In the context of blockchain and smart contracts, Wasm serves as an alternative to Ethereum’s EVM (Ethereum Virtual Machine). Several blockchain platforms have adopted Wasm for executing smart contracts due to its speed and flexibility. Wasm allows developers to write smart contracts in multiple programming languages, promoting accessibility and efficiency. This can lead to faster execution times and reduced gas fees when interacting with decentralized applications, making it appealing for developers and users alike.Furthermore, Wasm’s design supports safety and portability, enabling consistent behavior across various platforms. As blockchain technology evolves, Wasm is becoming increasingly recognized for its potential to enhance performance and facilitate broader adoption.