Content
@
0 reply
1 recast
1 reaction
Amelia🎩🔵ðŸŽ
@amelia1980
Smart contracts are self-executing programs stored on the blockchain. These contracts run automatically without intermediaries. For instance, in a house rental agreement, if the rent payment is transferred to the landlord’s account, the contract automatically releases the digital key to the house. This transparency and automation reduce costs and increase the speed of transactions.
1 reply
1 recast
2 reactions
winston ðŸŽ
@winstone
Blockchain increases transparency as all transactions are recorded in a public ledger. 75 $DEGEN
1 reply
0 recast
0 reaction