Will Smart Contracts Transform the Economy?

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By Scott Clark

April 27, 2022

Whether we’re talking about Web3, blockchain technology, non-fungible tokens (NFTs) or cryptocurrency, the topic of smart contracts comes up again and again. Smart contracts are said to be self-executing, less expensive, reliable, transparent, secure and borderless, and rely less on lawyers and legal teams than traditional contracts do. This article will discuss what a smart contract is and what brands need to know about them.

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