From 347882117a0f0d352f32ab00654a2355e5e70646 Mon Sep 17 00:00:00 2001 From: Wister Date: Wed, 31 Oct 2018 19:09:56 -0400 Subject: [PATCH] added use cases for smart contracts (#33018) added use cases for smart contracts --- guide/english/blockchain/smart-contracts/index.md | 3 +++ 1 file changed, 3 insertions(+) diff --git a/guide/english/blockchain/smart-contracts/index.md b/guide/english/blockchain/smart-contracts/index.md index 828b18f7d9..19e8a277ce 100644 --- a/guide/english/blockchain/smart-contracts/index.md +++ b/guide/english/blockchain/smart-contracts/index.md @@ -11,6 +11,9 @@ As a piece of code that sits on the blockchain, a smart contract can automate ta When an account receives money it can automatically distribute it to others. This is entirely transparent so all the nodes(miners) can see what logic is being executed. +## Applications of Smart Contacts + +Smart Contracts allows the transfer of goods and services without the need for a independent third part. Logic and rules are built into the smart contract that define the permissions and processes associated with a particular agreement and enforce the obligations attached to it. This provides an opportunity to remove middlemen that are traditionally required to interact with physical property or financial service instruments. ## Blockchain Technologies