Smart contracts Vs Traditional contracts

Smart Contract Development Services

First things first. A traditional contract is a set of rules that defines how a relationship or business functions between two or more parties. The rules written in the contract are solid proof that certain things be the way they are meant to be. Any disputes will be solved with the guidelines in the contract document.

This is the case in traditional contracts. The same applies to smart contracts on the blockchain. The significant difference between the traditional contracts and smart contracts is that the latter is virtual, autonomous, and non-editable.

For More — →Smart Contract Development Services

Published by lillian jones

“Cryptocurrencies is everything you don’t understand about money combined about everything you don’t understand about computers,” said John Oliver. A tech geek like me would say it is easy to decipher; it all depends on how open you are to changes. Smitten by Blockchain, cursed with Intelligence! Hence the profession as a blockchain consultant. Have consulted for numerous projects and guided with the right solutions — not a nap queen. I am super hyper for Blockchain and cryptos and go around reading almost anything if it is about cryptos.

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