1Introduction
A smart contract runs on a distributed ledger and executes obligations automatically when conditions are met.
2Discussion
Uses include automated settlement, trade letters of credit, parametric insurance payouts and tokenised-asset distributions.
Code is hard to fix once deployed, and reliance on oracles adds risk.
3Conclusion
Enforceability and liability remain unclear; security audits and backing legal agreements are essential.
Sources
همفکران فناوری شریفThis article summarises the official sources cited, prepared by the Hamfekran Fanavari Sharif team for finance leaders.
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همفکران فناوری شریف

