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Escrow, a financial arrangement where a third party holds and regulates payment of funds until the completion of a transaction, provides security in various transactions. In the digital era, Smart contract escrow takes this concept to a new level. Utilizing blockchain technology, smart contracts automatically enforce and verify the terms of an agreement without the need for an intermediary. This innovation ensures transparency and efficiency, reducing the risks associated with traditional escrow systems while enhancing the overall reliability of transactions in a rapidly evolving digital landscape. -- This post's rating: 0.0000 |
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