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👩‍💻 Functionality & advantages of #smart #contracts in the #blockchain explained simply

📜 #Smartcontracts are self-executing contracts, which means that they come into effect independently when certain predefined events occur and therefore do not require human supervision.

https://content.enkronos.com/functionality-advantages-of-smart-contracts-in-the-blockchain-explained-simply/
💥 Why #DeFi is a Great #Investment for the #Future

🚀 DeFi, or #decentralized #finance, is a new financial system that utilizes #smart #contracts on a #blockchain network, like #Ethereum, to facilitate financial transactions. These smart contracts are self-executing agreements with the terms of the deal encoded in lines of code.

https://medium.com/veniceswap/defi-is-a-very-great-investment-for-the-future-a45a22a688e0
📜 The New Face of Digital Contracts: #SmartContracts

🗂️ When we look at the #Ethereum website, we see the following statements: “#Smart #contracts are the basic building #block of Ethereum #applications. These are computer programs stored on the #blockchain that allow traditional contracts to be translated into their digital counterparts

https://medium.com/enkronos/the-new-face-of-digital-contracts-smart-contracts-3fe7ce3f981d