What are the Benefits of Smart Contracts in the Crypto World?

[Suba]

Smart contracts are digital contracts that run on a blockchain network and are decentralized, based on the code that has been entered, smart contracts can be executed automatically, so without the need for an intermediary as a third party.

Every transaction agreement between buyers and sellers will be included in the code line stored on each node in the blockchain. so that transactions become transparent. and safe. In addition, smart contract users can also make agreements anonymously and require legality or legal action.

 

[Augusta]

Yes, Smart contracts leave no room for forgery. The computer code on the blockchain is fixed and cannot be altered. Once the code is written, and the contract is deployed, it can only execute the agreement as it was coded.