Smart contracts enable control of digital currency transfer between sender and receiver based on certain defined rules and conditions.
Answers
Smart contracts are complicated, and their potential assets go beyond the easy movements - they can manage broad-based transactions in the financial fraud in financial derivatives on insurance premiums from legal process.
Smart agreements are likely to break legal and financial sectors; In particular, people with a simple and repetitive system of routine and repetitive processes currently pay a large fee to lawyers and banks.
It is nothing but complicated which potential asset to go beyond the easy movement and they can simply manage broad based as per the transaction in the part of the financial fraud in the major derivative over the insurance premiums from legal process.
On the other hand it can break the legal and financial sectors which user can go with simple and also repetitive system of the routine in currently pay a large amount of the lawyer and other banks.