Smart contracts are an important topic in the rapidly changing world of technology. They pledge to transform the way businesses develop and manage legal agreements. Blockchain technology fuels these digital contracts. It is transforming the legal world in good and bad ways. Paper-and-ink deals are not smart contracts; smart contracts are agreements that run themselves. Its regulations are written straight into lines of code. Consider a computer program that autonomously follows the rules of a contract. So, there was no need for banks or lawyers to act as mediators. This is what a smart contract is intended for. These are The Basics of Digital Transformation with Lars Winkelbauer that you need to keep an eye for.