Smart Contract is a digital agreement between two or more parties in a network to perform the action if the specified conditions are satisfied. Bringing the smart contract into your business reaps you the following benefits!
Safe & Secure
The smart contract enables verifications, negotiations of the transactions within the network, hence you can be hassle-free from scammers.
Speed & Accuracy
The network of people who are dedicated to verifying the transactions is available in a smart contract platform, hence faster and accurate transactions.
Immutable & Transparent
As the smart contract is built in the blockchain network, the data is safe, transparent and immutable, which means it can’t be reverted back.
Fiat transactions are verified by the intermediary banks and authorities thereby increasing inter charges. Smart contracts add this inter fees to your profits!