#37 Untangling: Smart Contracts

In this episode, Alec and Jack delve into the evolution, functionality, and future potential of smart contracts within the Web3 ecosystem. We begin by tracing the history of contractual agreements from ancient times to the digital age, highlighting the shift towards automation and decentralization. The discussion progresses through the technical underpinnings of smart contracts, emphasizing their role in automating agreements in a trustless environment. Key applications across industries such as finance, supply chain, and entertainment are explored, showcasing the transformative impact of smart contracts. The episode wraps up with a look towards the future, considering the integration of AI and IoT with smart contracts, underscoring the balance needed between automation and the nuanced complexities of legal agreements. Untangling Web3 is brought to you by hosts Jack Davies and Alec Burns, with music by Daniel Paigge. Got a question or topic suggestion? Send us an email at theuntanglingweb3podcast@gmail.com.Love what you're hearing? Show your support by becoming a subscriber and don't forget to leave us a stellar review.The views we express here are our own, and do not represent the views of our employers. Nothing discussed or stated in the show should be considered advice.