Contract Applications
- Licensing deals: one company sells another's product
- Loans: promise that borrower will pay back money
- Employee-employer contract
- Product aggregator: amazon can sell my product and charge me 20-30% commission
- Delivery aggregator: uber connects consumers with riders and charges a commission
- Personal relationships: (non-binding) contract of trust
8
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"Smart Contracts". Heard this term many times but what is it exactly and how can it make the world a better place?
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