Smart Contracts, Smarter Business: Enhancing Efficiency with Customized Web3 Software Development | 2023/24 | PrimaFelicitas
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Smart contracts in Custom Web3 Software Development refer to self-executing contracts where the agreement terms between the buyer and seller are encoded directly into code. These contracts operate on #blockchain technology, guaranteeing transparency, security, and decentralization. Unlike conventional contracts, smart contracts autonomously perform actions once predetermined conditions are fulfilled. They are impervious to tampering, unchangeable, and function without requiring intermediaries.
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