Smart Contracts for Business - Trends You Want To Know
Smart Contracts for Business - Trends You Want To Know
One of the hottest areas of cryptocurrencies has nothing to do with digital currencies. Smart Contracts are a way to have a digital agreement that is monitored by a decentralized solution. This means that you can get business done faster, less expensively, and not have to rely on a third party to keep everyone honest.
![](https://steemitimages.com/DQmSHtPGUmnEfsW8ZuuFhdV2yQaLLezXR7anuhGEEcmMv6j/Screen%20Shot%202017-09-12%20at%2013.24.18.png)
The transactions are done and signal a digital pre-defined event that everyone in the contract agrees with before anything happens. This keeps the transaction flowing smoothly and keeps everyone honest.
I talked about this concept recently with the CEO of SmartContracts.com, Sergey Nazarov. He explained to me what smart contracts are and where I needed some clarification in my own thinking about it. He was very instructive and helpful as we talked about it.
If you are involved with financial agreements or transportation, you will enjoy this a lot. Hey, if you want to know what is happening in this hot field. This is a video you want to see.
Please share this with those who would want to know. I look forward to hearing from you.
Terry Brock, MBA, CSP, CPAE
Member, Professional Speaker Hall of Fame
Certified Speaking Professional
www.TerryBrock.com
www.BrockonBlockchain.com
[email protected]
+1-407-363-0505 (Orlando, Florida, USA)
Steemit - @terrybrock
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Thank you, sabbir24. I'm glad you enjoy it.
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