Smart contracts are programs that work under some predicaments and direct the transfer of virtual assets. These digital contracts are automated and are enforced only when the preconditions are met. With the nature of being self-executing, these contracts do not require any human intervention.
Smart contracts have proved to be valuable in many industries. The following are some of the main use cases of blockchain smart contracts:
Banking
Real estate
Insurance
Supply chain
IoT
Healthcare
If you are looking for a company that provides smart contract development services, then Blockchain App Factory is the best in the market.
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