Why Smart Contracts Will Disrupt The Entire Financial Industry!

The Beauty of Finance

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What is a smart contract? Simply said, a smart contract is a contract that executes itself. It automatically executes the terms of a contract once the conditions for the contract are met, without any help or input from a third party. This type of contract is built on blockchain technology and basically works like an if-then formula.

Time Stamps: 00:00 Introduction 00:20 What is a smart contract? 01:14 Characteristics of smart contracts 02:35 Smart contracts and use cases in insurance 03:25 Conclusion ... https://www.youtube.com/watch?v=XUBu-YEk6c4

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2022-04-11

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