Hello! 👋🏻 In this post, we will tell you about the use cases of smart contracts.
🤖 Smart contracts are an extremely convenient tool that allows you to avoid intermediaries in any transactions. It is a computer code that contains the terms of the deal. There are many non-standard uses for these tools, for example:
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MedicineWith the help of smart contracts, you can optimize the process of dispensing drugs under license. This practice is already applied in Estonia. The pharmacy scans the QR code of the smart contract and then gives out the necessary drugs.
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Delivery of goods by mailToday, cash on delivery is often used when delivering by mail. Using smart contracts, you can transfer funds to the blockchain, and after the courier delivers the goods, they will be sent to the company's account.
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Sports bettingMany bookmaker companies still manually send winnings to users. Using smart contracts, you can significantly optimize this process.
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Public sphere As practice shows, in China, smart contracts simplify the bureaucracy in the country. Especially when buying real estate.
✅ Using smart contracts in Totem, you can greatly simplify your life, as it is a convenient tool that can be used not only in finance but also in various other situations.
Find out more:
https://totprotocol.com