RE: Steemit Crypto Academy Contest / S4W3 - Understanding Blockchain Technology In Business And Finance by @aonraza
You have explained the benefits of the adoption of blockchain technology in the business and finance industry with a very impressive manner. I really like the way you have expressed your observations.
The concept of Smart contract says that a contract can be digitized and stored on a blockchain, making it difficult to change or tamper with. This could be used to automate transactions and reduce the need for third-party verification.
Well said brother, the Innovation of the smart contracts in the blockchain technology has been a great source of success so far. It actually helps in making the timely and effective transactions.
There are lot of benefits of the blockchain and especially the adoption of cryptocurrencies like high security, high scalability, high transparency and many more. The future is clear bright.
Thank you for your precious post and good luck for the contest.
I am honoured to post here in this community