Description: A smart transaction is a mechanism that automatically executes based on predefined conditions within a smart contract. These contracts are computer programs stored and executed on a blockchain, ensuring their immutability and transparency. Smart transactions allow the parties involved to make agreements without the need for intermediaries, as the contract conditions are automatically fulfilled once the established criteria are activated. This not only reduces the risk of fraud but also optimizes the time and costs associated with executing agreements. Smart transactions are fundamental to the functionality of various decentralized applications (dApps) and are a key component in the cryptocurrency ecosystem, where trust is based on technology rather than the parties involved. Their ability to operate autonomously and securely has led to growing interest in their implementation across various industries, from finance to logistics, where efficiency and transparency are essential.
