What are the key use cases for smart contracts in cryptocurrency development?

submitted 3 months ago by auroragrace to cryptocurrency

Smart contracts have various use cases in cryptocurrency development, including decentralized finance (DeFi), supply chain management, digital identity, and decentralized autonomous organizations (DAOs). These self-executing contracts automate and enforce agreements on blockchain networks, enabling trustless and tamper-proof transactions across diverse industries and applications.

source:https://www.blockchainappfactory.com/cryptocurrency-development