In this comprehensive article, explore the key differences, business purposes, and other complexities of smart contracts with Ethereum and Hyperledger blockchain development for businesses.
Smart contracts carry out transactions without intermediaries between one or more parties. One of the critical challenges of any transaction in real life is trusting involved parties. Financial institutions, law firms, notaries, contractual arrangements, origin certificates, and many others generate a pyramid of paperwork during transactions. Additionally, a lot of time and money is required to establish trust between the two sides of a contract.