The evolution of the Blockchain Technology has marked the beginning of a new technological era and will play a crucial role in fostering the next industrial revolution. The Blockchain technology is supposed to have a potential application not only in the financial industry but across sectors of real-estate, insurance, service sector and more.
‘Smart Contracts’ is a smart, digitised and decentralised way of forming contracts between two parties or businesses and is powered by the blockchain technology. Smart contracts are basically computer protocols which help to create, verify and executes the negotiated contracts after achieving the pre-defined specific tasks and goals. As a result. Smart Contracts offer a more transparent way of doing business and involve low costs, faster execution times, tamper-proof, minimum human error and conflict-free because of no third-party involvement.
https://www.coinspeaker.com/2017/10/25/top-4-best-ico-platforms-managing-smart-contracts/
