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Smart contract: Difference between revisions
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→Applications of Smart Contracts
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The most common use case for smart contracts is in exchanges. During the buying and selling process, smart contracts act as a guarantee for the completion of the transaction, allowing parties to have confidence in receiving their share and ensuring proper execution of obligations. In the case of loans, it is convenient to specify amounts, repayment periods, and other conditions in the smart contract. | The most common use case for smart contracts is in exchanges. During the buying and selling process, smart contracts act as a guarantee for the completion of the transaction, allowing parties to have confidence in receiving their share and ensuring proper execution of obligations. In the case of loans, it is convenient to specify amounts, repayment periods, and other conditions in the smart contract. | ||
Decentralized exchanges (DEX), such as Uniswap, dels.io, PancakeSwap, and others, also operate on smart contract systems. | Decentralized exchanges ([[DEX]]), such as Uniswap, dels.io, PancakeSwap, and others, also operate on smart contract systems. | ||
[[DecimalChain]] specialists offer clients smart contract development services in a wide range of areas, including those unrelated to cryptocurrencies: | [[DecimalChain]] specialists offer clients smart contract development services in a wide range of areas, including those unrelated to cryptocurrencies: | ||