Smart contracts represent a significant advancement in blockchain technology, moving beyond just cryptocurrency to automate various processes. They are self-executing programs that execute commands based on predefined conditions, applicable in areas like ticket booking and financial transactions. The implementation of smart contracts is expected to greatly enhance efficiency and growth across multiple industries.

1. SMART CONTRACT
A Cherry On The Top of Cake of Blockchain Flavor
PREPARED BY:

2. BLOCKCHAIN
• Blockchain is known as Distributed Ledger, a ledger of
records that is stored on all nodes of the network.
• In the recent past Blockchain has caught a serious
attention because of one of its use case –
Cryptocurrency.
• Most people recon Blockchain as technology behind
Bitcoin. Some people understand Blockchain as
technology to store data in a distributed network.

3. BLOCKCHAIN 3G – SMART CONTRACT
• The 3rd generation of Blockchain is proven to be
more than Cryptocurrency and Distributed data
storage.
• The Blockchain now can be used for automation
and the reason behind this is a technology called
Smart Contract.
• Smart contract is a self executing program which
compares the given set of conditions and executes
commands on the basis of the conditions.

4. SMART CONTRACT
• Ticket Booking, Real Estate Lease, Rent Agreement
and payment, Financial Transactions and Trading all
these systems can be automized using Smart
Contract.
• Let it be a Currency Note or a Movie Ticket, they
have some terms and conditions mentioned on
them.
• Smart contract follow these condition, verifies
whether the conditions are fulfilled or not.
• If the conditions are fulfilled it executes the
instruction for successful fulfillment of conditions
else it executes otherwise.
• The pace smart contract implementation will give
to the growth of these industries is beyond
imagination.

5. PREPARED BY: