picawen
@picawen
Smart contracts are digital agreements on blockchain that execute automatically when predefined conditions are met. They eliminate intermediaries, ensuring secure, transparent transactions. Here's the essence: 1. Automated Execution: Runs when conditions are fulfilled. 2. Trustless: No need for third parties. 3.Transparent: All parties can view the terms. They revolutionize how agreements are made and executed, streamlining processes and reducing costs.
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