What industries use smart contracts?
Smart contracts come with many benefits like speed, efficiency, accuracy, trust and transparency and security. There are many industries that can implement these benefits to optimize their internal processes. Here is a list of industries that can use smart contracts: Insurance  - With Smart Contracts, an insurance company can automate the claim process by defining terms and conditions or setting pre-agreed parameters that will help companies improve customer relationship and trust. Supply Chain - Supply chain can use smart contracts to streamline supply chain processes, track inventory, manage invoices and reports to monitor compliance. Thus, leading to reducing fraud and costs. Real Estate  - with smart contracts one can easily create agreements(renting, buying or selling) and make transactions all without paying a dime to brokers, middlemen or real estate agents. Health Systems - Medical and healthcare industry can use smart contract to access patient identity and cross-institutional data, therefore providing better medical services. Management - Smart Contracts can help with smooth business management and seamless workflow within an organization. Banking - From loans and payments to online identity management and other financial operations, Smart Contracts can help streamline various processes safely and securely. Government - One area where smart contracts can be a great aid for the government is the overhauling of the Voting systems. Charity - Smart contracts could make charities more accountable and increase trust among supporters.