No changing your mind once the contract is executed, it performs regardless if you make a mistake<\/li><\/ul>\n\n\n\nAutonomy is an advantage of using smart contracts but having absolute autonomy is also a risk…<\/p>\n\n\n\n
You are the one making the decision yourself without an experienced broker or lawyer to confirm the transaction for you… sometimes, this could spell trouble.<\/p>\n\n\n\n
It is also worth noting that currently, no regulations are governing smart contracts.<\/p>\n\n\n\n
Therefore, extra care should be taken at all times… <\/strong><\/p>\n\n\n\nIf you face uncertainties or have doubts, err to the safe side and never send a code until you know absolutely what you are signing up for. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"A smart contract is a programmable contract that allows two counter-parties to set conditions of a transaction without the need for a central authority or an intermediary for the execution. The purpose is to simplify business and trade between both anonymous and identified parties without the need for a 3rd party. Smart contracts eliminate the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/MrRealFi.com\/wp-json\/wp\/v2\/posts\/275"}],"collection":[{"href":"https:\/\/MrRealFi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/MrRealFi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/MrRealFi.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/MrRealFi.com\/wp-json\/wp\/v2\/comments?post=275"}],"version-history":[{"count":4,"href":"https:\/\/MrRealFi.com\/wp-json\/wp\/v2\/posts\/275\/revisions"}],"predecessor-version":[{"id":603,"href":"https:\/\/MrRealFi.com\/wp-json\/wp\/v2\/posts\/275\/revisions\/603"}],"wp:attachment":[{"href":"https:\/\/MrRealFi.com\/wp-json\/wp\/v2\/media?parent=275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/MrRealFi.com\/wp-json\/wp\/v2\/categories?post=275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/MrRealFi.com\/wp-json\/wp\/v2\/tags?post=275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}