That's the whole point of using smart contracts and blockchain, automated and trasparent transactions and you trust a code instead of a third party
That's true I think in the future everything will be decentralised because people are fed up with third-party organisations. We should not underestimate the power of the blockchain.
The main reason of building bitcoin for Satoshi was to get rid of third-party organisations and prevent happening crashes like 2008. This is the main reason why im interested in projects like ModulTrade. Invest in the future
well in a way MT is a third party that handles certain aspects of trade. third parties are facilitators and are normal in every industry. the 2008 crash had nothing to do with the concept of the third party.