Vexanium

Smart contracts are computer programs that enable the automatic execution of agreements or contracts in a decentralized manner on a blockchain. These smart contracts are written in a specialized programming language and stored on the blockchain, ensuring their integrity and immutability without the need for intermediaries.Smart contracts allow users to automate specific business processes or transactions, such as payments or goods delivery, without requiring human intervention. For example, if you want to make monthly payments to a tenant, you can create a smart contract that will automatically send the payment on the specified date each month.By leveraging smart contracts, users can create systems of trust, as all transactions are recorded and verifiable on the blockchain. Smart contracts also eliminate the need for intermediaries or third parties, as the contract execution is automated by the blockchain network.Smart contracts are considered one of the most promising innovations in blockchain technology and have found numerous applications across various industries, including finance, logistics, insurance, and more. In recent years, the development of smart contracts has been a major focus for blockchain developers and is expected to continue evolving in the future.

What's Is Smart contracts?

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