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Smart Contracts Blockchain Applications

optimusfox08 Jun 2021 Business

Smart contracts blockchain has the potential to transform conventional industries and business operations.

Smart contracts blockchain has the potential to transform conventional industries and business operations.  Traditional agreements require a third party in a centralized system to execute agreements between parties. Contrary, smart contracts automate agreement execution eradicating third party’s intervention. These contracts are stored, modified in a blockchain that adds security and privacy there. 

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