Smart Contracts: The Future of Finance
What Are Smart Contracts? Smart contracts are self-executing agreements that automatically execute based on predefined conditions, eliminating human intervention. They’re powered by blockchain technology and decentralized applications (dApps), ensuring transparency and reducing fraud. Why are they important? Decentralization: Eliminate intermediaries in transactions. Automation: Streamline processes like payments or legal contracts. Security & Efficiency: Reduce risk … Read more