Smart Contracts: Streamlining Trust and Transparency  in Business 
                     Smart Contracts: 
Streamlining Trust and 
Transparency in Business
• Self-executing 
agreements with 
What Are terms written in code• Operate on blockchain 
Smart for security and 
transparency
Contracts? • Example: Buying 
digital art with 
cryptocurrency
• Parties involved 
recorded on 
blockchain
How Smart • Conditions and rules 
Contracts Work coded (e.g., Solidity on Ethereum)
• Automatic execution 
when conditions met
• Transparency
• Automation
Key Features • Security
• Cost-effective
• Speed and Precision
• Increased trust and 
transparency
Benefits for • Reduced costs
Businesses • Faster transactions
• Enhanced security
• Global accessibility
• Finance & Banking
• Supply Chain 
Management
Real-World • Real Estate
Applications • Healthcare
• Intellectual Property
• Government
• Gaming & NFTs
• Legal recognition 
issues
• Coding errors and 
Challenges vulnerabilities
• Scalability concerns
• Legacy system 
integration
• AI integration
Future of • Cross-chain 
compatibility
Smart • Legal standardization
Contracts • Wider enterprise 
adoption