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have you ever heard the expression code is law where technologies used to enforce rules in that case do you need lawyers or maybe we can live in a fully automated world where code dictates what we can and cannot do with the current development of smart contracts this futuristic scenario may be closer than we think a smart contract is a piece of code that can be executed automatically an in a deterministic way the smart contract code is usually stored and executed on the blockchain to make it trustless and secure smart contracts also have capabilities of receiving storing and sending funds and even calling other smart contracts they follow if-then semantics which makes them fairly easy to program smart contracts aim at removing the human factor from decision making the human factor is often proven to be the most error-prone and unreliable element of the standard traditional contracts a vending machine comes very often as a good analogy to a smart contract as it shares some of the simila
