In a recent podcast interview, Max Galka, CEO of Elementus.io (a “search engine for non-private blockchain”) explained the fundamentals of blockchain-based smart contracts using a travel insurance policy as an example.More and more aspects of our lives are being automated – cars, trucks, automated grocery checkouts … and these functions certainly have the potential to make things run faster, cheaper, and safer. But like truck drivers and grocery checkout clerks, you can now add certain legal contract specialists to the list of soon-to-be-displaced workers that will need to reinvent themselves in the future.
https://futuristspeaker.com/future-trends/smart-contracts-are-here-and-getting-smarter/
