Although smart contracts are of great interest to a lot of people, finding the real use cases for this technology is still very challenging. Hundreds of potential applications of smart contracts exist, and some industries are getting more attention than others. Below are some examples, in random order.
#6: Multiparty Smart Contracts
In the world of cryptocurrency, multisignature solutions have become the new normal over the past few years. This does not just apply to wallet solutions, but also to smart contracts. A multiparty smart contract allows user A to lend money to user B to buy a property, car, etc. In this instance, a smart contract can serve as a legally binding agreement between the involved parties.