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A smart contract is a protocol simplifying, confirming, or upholding the terms of a contract throughout its negotiation or execution. Smart contracts allow transactions without needing a third party, such as a bank or lawyer. This means that they have the potential to speed up transactions, reduce costs, and increase security. Getting your smart contract code audited will ensure that your contract is secure and free of any vulnerabilities. The benefits of working with a smart contract audit & KYC company can be highly beneficial.