What are the pros and cons of using smart contracts_
                         What are the pros and cons of using smart contracts?
How smart contracts work
       A Smart contract, there can be as many stipulations as necessary to satisfy the 
participants that the task will be completed successfully.
       A developer can then program the smart contract, although increasingly, 
organizations using blockchain for business are providing templates, web interfaces, and 
other online tools to simplify smart contract structuring.
Pros and Cons of Smart Contracts
● Smart contracts have revolutionized the way we can face and solve many 
situations and problems that we face today.
● But like everything in this life, it has its good things and its bad things.
● Below we will see the main advantages and disadvantages of smart contracts .
Advantages of smart contracts
● Smart contracts express their terms and conditions in an alphanumeric 
language that is established on a chain of blocks that is unchangeable.
Some of the advantages of smarts contracts are the following:
Provide greater confidence to the parties involved
● Documents are kept in a shared and secure ledger. Also, no one will be able to 
steal or lose any of the stored data, so because smart contracts are an unbiased 
system, you don't have to trust others.
Procedures are done autonomously
● By opting for smart contracts, the need to require intermediaries will be 
eliminated, because the agreements are more objective and are stored and 
processed, in such a way that they must be fully complied with without bias for 
any of the parties involved.
Offer higher levels of security to users
The Blockchainx technology that is generally used to develop smart contracts guarantees 
greater trust due to the immutability of the data.
These have the advantage that they are very difficult to hack or be affected by some type 
of practice by computer criminals , since they are protected with complex cryptography 
with which the stored documents will be kept safe.
Disadvantages of smart contracts
     With smart contracts, what has been agreed becomes a reality, since everything that is 
indicated in said chain of blocks cannot be modified under any pretext, which can become 
an inconvenience in some circumstances.
Some of the main disadvantages of smart contracts are as follows:
    They can be vulnerable if there are bugs in the code
      Since smart contracts are of recent date, although they may look very promising, they 
can be found prone to problems, among these code, since it cannot have errors that 
generate the theft of money that has been stored in an account. intelligent.
Stored information cannot be reversed
    Contrary to what happens with traditional contracts that can be terminated in court, in 
the case of smart contracts, they work no matter what happens due to the nature of the 
blockchain , since its policy is based on the premise of that “The code is Law”
     These contracts have as a disadvantage the fact that no matter what happens, they do 
not allow the object of the agreement to be modified, because they are based on 
blockchain technology.
     In this sense, there is no possibility of finding a solution in exceptional circumstances 
that may harm any of the parties that make up these contracts, which raises the question of 
how governments can regulate this type of contract and tax it.
         
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