Description: The immediate execution of a smart contract upon the fulfillment of its conditions refers to the ability of these contracts to automatically carry out actions without human intervention. Smart contracts are computer programs that run on a blockchain, and their main feature is that they are self-executing, meaning that once predefined conditions are met, they execute instantly and autonomously. This automation reduces the risk of human error and increases efficiency in the execution of agreements. Immediate execution allows transactions to be faster and more secure, as it eliminates the need for intermediaries, which can also reduce costs. Furthermore, the inherent transparency of blockchain technology ensures that all parties involved can verify the fulfillment of the contract’s conditions. In summary, immediate execution is a key component of smart contracts, enabling agreements to be carried out efficiently and reliably, transforming the way transactions are conducted across various sectors.
