• nexguy@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      3 months ago

      Smart contacts are exactly for that. They can automate various processes, including payments, data recording, asset transfers, all as long as the pre-defined conditions are met. There will still be things third parties need to do but not everything. Especially proof of ownership or fractional ownership with complex conditions. Very expensive ot just not possible using third parties.