When talking about Blockchain technology, Smart contracts are not just theoretical concepts鈥攖hey're powerful tools with real-world applications and tangible impact.
They stand out as the linchpin that holds together decentralised applications and automated transactions. These self-executing contracts, imbued with predefined rules and conditions, have not only revolutionized the concept of digital currency but have also opened the floodgates for a plethora of innovative applications across various industries. But to truly appreciate the significance of smart contracts, let'discuss the different types of smart contracts and explore how they're transforming industries and revolutionising processes:
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