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Right, I understand. You do have a point. However, while automation might be presented as a benefit of smart contracts (as one of my paragraphs indeed mentions
by yakkomajuri 6y ago
Right, I understand.
You do have a point. However, while automation might be presented as a benefit of smart contracts (as one of my paragraphs indeed mentions), I believe the greater benefit comes from the transparency and deterministic execution.
We are definitely not there yet when it comes to land registries, but DeFi now has billions locked away in contracts that are updating and reacting automatically to trades, loans, bets, purchases, etc, which is a good start.