The importance of smart contracts in the new institutional economics (NIE).

In this post, we will tell you about the future of smart contracts in the new institutional economics and what solutions #Relictum offers
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🔸 Institutional economics studies the evolution of economic doctrines. It is now enjoying its best years thanks to the emergence of smart contracts, which offer many opportunities for the #economy of the future.
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🔸 Smart contracts have become a very attractive technology not only for the world of cryptocurrencies but also received their recognition in the #banking system. Now the human factor can become the main problem in banking settlements. One mistake can bankrupt a person or a #bank.
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🔸 Smart contracts come to the rescue. They allow you to completely eliminate the human factor and automatically conduct a transaction if all conditions are met on each side.
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💡 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗼𝗳𝗳𝗲𝗿𝘀 𝘁𝗵𝗲 𝗳𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝘀𝗺𝗮𝗿𝘁 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀:
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🔹 Smart contract code is completely protected from outside interference, which gives users a higher level of #security.
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🔹 Smart contracts themselves control which of the conditions have been met
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🔹 Ability to conduct #transactions with different types of smart contracts
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🔹 A smart contract can be concluded not only between two persons, but up to 10 #contractors.
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✅ Now the technology of smart contracts is of interest not only to the world of cryptocurrencies but also to the entire economic sphere and finance. Relictum Pro has a number of unique smart contract #solutions that will help take them a step into the future.

📢 𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝘀𝗺𝗮𝗿𝘁 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗶𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗼𝗳𝗳𝗲𝗿𝘀: https://relictum.pro/

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