>then you understand how insanely inefficient low-trust high-value deals can be. I think you misunderstand how real estate contracts work. Real estate contrac

>then you understand how insanely inefficient low-trust high-value deals can be. I think you misunderstand how real estate contracts work. Real estate contracts are more or less cut and paste, in fact you can generate them here: https://www.lawdepot.com/contracts/real-estate-purchase-agreement/?loc=US https://www.lawdepot.com/contracts/real-estate-purchase-agre... The thing that takes the time is due diligence, finding and arranging money, and/or buyers. The actual contract is the easy part, unless you are putting in custom stuff. Smart contracts are basically glorified escrow, but with no legal precedence. If something were to go wrong, and your smart contract doesn't complete properly, you'll still be going to court to carry out the remediation steps. Also, smart contract require mutual agreement to work properly, there is no over-riding system to mediate should things become undefined. (well, there could be, you need to program that in.) The friction in high value deals is the due diligence. it doesn't matter if the contract is smart. Undoing a house move is expensive, having a contract where one party can terminate instantly without warning or redress is a dystopian nightmare.