Hello, please comment on how smart contracts will change the world of finance. How will it affect the use of such contracts.
I think there is a possibility that smart contracts would be used more often in the future. I am seeing smart contracts being used for supply chains a lot in the projects in development.
Maybe they can be used for something like salary payment at the end of the month in banks as well.
I agree!
As we can see, it is not yet the mainstream of using smart contracts but when time comes in. As of now, we often see it in projects in order to have contracts between the buyers and sellers. But as time will goes by, it may be used in different transactions to make everything transparent and legal. It may be used also by the banks or companies so that there could be a smart contract to the salary they may give to their employees. We should be thankful for ETH, it introduced the use of smart contracts.