What are the benefits of peer-to-peer contracts?
An example of an AI chatbot conversation about the benefits of peer-to-peer contracts.
What are the benefits of peer-to-peer contracts?
Peer-to-peer contracts offer several benefits, including reduced costs, increased transparency, and faster transactions.
How do they reduce costs?
They eliminate intermediaries, which means lower fees and more direct transactions between parties.
Can you explain how transparency works in these contracts?
Sure! Transparency is achieved through blockchain technology, where all transactions are recorded and visible to participants.
Are there any risks involved?
Yes, risks include potential security vulnerabilities and the need for participants to understand the technology involved.
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