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Smart Contracts

Smart Contracts

Smart Contracts are contracts whose terms are written in the programming language instead of the legal language. Due to the digitization of the contract, we obtain automatic performance of arrangements between contractors after certain conditions are met. The idea of this type of solution boils down to limiting the human factor in the interpretation of individual provisions of the contract of obligation between the parties, instead focusing on guaranteeing an objectified assessment of the fulfillment of the conditions specified in the contract - for example: the delivery of goods automatically deploys payment for the goods.