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In the Credefi project we use smart contracts in order to remove both the human factor and the possible influence of third parties that might affect the deal.
It is thanks to the smart contract technology that we can guarantee the following benefits:
- Automation: The use of smart contracts simplifies the process, brings speed, clarity, and precision.
Cost-efficient: Smart contracts execute immediately once the terms that bind the contract have been fulfilled. - Autonomy: Smart contracts are self-sufficient, safety and security.
The use of smart contracts allows us to ensure transparency. Users can always track and verify any transaction. In addition to fully automated operation that doesn’t involve third parties, smart contracts guarantee that deals are only made when all the prerequisites are fulfilled by all participants. All that will allow us to strengthen the public’s trust in our project!
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