Smart Mortgage Contracts: How Does it Work?

A smart mortgage contract is a digital agreement between a lender and a borrower that uses blockchain technology to automate and streamline the mortgage process. Smart contracts comprise predefined regulations and requirements written transparently into code and automatically executed based on actual-time data.  Smart mortgage contracts mainly aim to boost efficiency and lessen the costs... source: https://droomdroom.com/smart-mortgage-contracts-explained/