We have been signing contracts since our childhood, sometimes exchanging candies and sometimes books. However, contracts in adult life, especially in business life are not that easy and simple.
Traditional business or corporate contracts include a number of drawbacks and loopholes. A few major drawbacks are taking care of papers and hiring a lawyer to facilitate the contract.
However, in modern times, technology comes as our savior against these loopholes. As the name suggests, Smart Contracts are free from almost all the loopholes and cons traditional contracts possess. For starters, it requires no paperwork or lawyers.
To read more about the revolutionizing Smart Contracts, click on the link below: