How do smart contracts play a role in blockchain development services?
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This is not really a new terminology used in crypto space because you must come across it often an on.
Smart contracts are automatically executed contracts that are stored on a blockchain and run when specific conditions are met.
In blockchain development, smart contracts can be used to automate transactions such as funds transfer and eliminate intermediaries such as banks and lawyers there by saving you money and improving transparency because they're stored on a public Blockchain for view of everyone.
They are a powerful tool for improving efficiency, security, and transparency in blockchain services.
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