What is the future of smart contracts?
The future of smart contracts looks promising, with advancements in blockchain technology and increased adoption across industries.
How will they impact industries like finance and real estate?
In finance, smart contracts can automate transactions and reduce fraud. In real estate, they can streamline property transfers and reduce paperwork.
Are there any challenges we should be aware of?
Yes, challenges include legal recognition, security vulnerabilities, and the need for standardization in smart contract development.
What innovations are on the horizon for smart contracts?
Innovations include integration with AI for better decision-making, cross-chain compatibility, and enhanced privacy features.
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