Written contracts support businesses of all sizes and industries. These, however, are frequently burdensome and cause business and legal conflict. Smart contracts could be used to replace traditional contracts as a solution. A smart contract is a computer program-based agreement that executes automatically when pre-programmed conditions are met. A smart contract's goal is to make trade and business between identified and anonymous parties easier. A smart contract hard-codes trust into the system, eliminating the need for counterparties to carry out their obligations under the agreement. It can aid in the streamlining of transactions, the reduction of duplication, and the reduction of costs.https://www.dunitech.com/Blockchain-smart-contract-development.aspx
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