Difference between standard contracts and smart contracts

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This Skill Bit explores the key differences between standard contracts and smart contracts. Understand how traditional agreements compare to automated, code-based smart contracts in terms of execution, flexibility, and reliance on intermediaries. Learn about the efficiency, trust, and cost implications of each approach to determine which suits your needs.

Duration approx. 5 Min.

Tier: proficiency

A part of Blockchain Technology in Contract Management course.

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