When you think of the future what is the first thing that pops up to your mind? Let me guess, Robots everywhere? Technology dominates every aspect of our life? An automated world? Rules forced by technology? And the list goes on…
With smart contractsthis is closer to happen than you may think, we are in the future already we just don’t know it yet.
A smart contract is a code that is executed automatically only when certain conditions are met. It is built and stored in the top of a blockchain which makeq it secure and trusted.
The main reason behind using smart contracts is to remove the human factor from decision making because humans sometimes are not trusted and tend to commit errors.
Some of the famous blockchains that supports smart contracts out there are ETHERUM, CARDANO, POLKADOT.