Smart contracts will replace intermediaries and notaries

Real estate purchase, investments in the business, sports betting, all this will be perform  through smart contracts without intermediaries, notaries and registration authorities.

A smart contract is one of the most promising areas based on blockchain. This is a computer protocol allowing you to simplify and automate any contracts /deals /agreements.

The parties to the contract can stipulate any conditions, the performance of which is guaranteed by the network. Thus, a smart contract will become an autonomous mechanism, which will be in charge of financial agreements.

The speaker of Blockchain and Bitcoin Conference Prague Andrey Zamovsky will tell more about smart contracts and innovation of this technology.