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Smart contracts revolutionize transactions by increasing speed and efficiency. They automate execution based on predefined conditions, eliminating the need for manual processing and delays. This automation leads to faster transactions and a smoother experience for all parties involved. Additionally, smart contracts promote trust and security as they are built on blockchain technology, ensuring transparency, tamper-proofing, and security. The decentralized nature of blockchain allows all parties to easily verify the terms and conditions of the contract, and the automated execution guarantees the agreement is carried out as intended.
