Interesting to read to help you distinguish the hype from the real deal.
Much like the words “blockchain”, “AI” and “cloud”, “smart contract” is one of those phrases that get a lot of hype.
After all, what can be better than being able to trust what will happen instead of using the judicial system? The promises of smart contracts include:
- Enforcing contracts automatically, trustlessly and impartially
- Taking out the middle men in contract construction, contract execution and contract enforcement