Some examples of smart contract
by SMEBOOK (admin) · March 14, 2021
A smart contract could be programmed to release funds for someone’s birthday each year. It could also be programmed to release payment once someone confirms receipt of delivered goods. It could be used to enforce particular rights for holders of digital assets. It can be used in Trade Finance where Smart contracts can reduce costly errors. Smart contracts can automate, calculate and arrange payments, after which robotically perform their phrases and conditions.
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