Ever felt the frustration of a deal bogged down by endless paperwork, phone calls, or costly middlemen? Traditional agreements, from big business deals to simple online purchases, often bring hidden friction, delays, and a reliance on others to ensure things go smoothly. But what if agreements could enforce themselves, automatically? That’s where smart contracts come in. Imagine a digital agreement that lives on a secure, public record called a blockchain. Unlike paper contracts, smart contracts are self-executing: when certain conditions are met, the deal automatically carries out its terms, no human needed, and no one can tamper with it once The post Smart Contracts: Revolutionizing Trust and Automation Principles first appeared on The Shib Daily
source: https://news.shib.io/2025/06/13/smart-contracts-revolutionizing-trust-and-automation-principles/?utm_source=rss&utm_medium=rss&utm_campaign=smart-contracts-revolutionizing-trust-and-automation-principles