Smart Contracts

LedgerScore offers a full library of simple to use customizable Smart Contract templates. Smart Contracts are self-executing digital contracts on the blockchain that allow for the performance of credible financial transactions without third parties. Smart Contracts digitally facilitate, verify, and enforce the negotiation or performance of a contract. Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman. The primary use of Smart Contracts on the LedgerScore platform is for peer to peer loans and bank lending. However, they can be used far beyond loans, ranging from real estate transactions to financial derivatives, credit enforcement, financial services, legal processes, supply chain, insurance premiums, property law, sports betting, and crowdfunding agreements.