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A smart contract is an agreement that is coded on the blockchain that executes based on certain conditions. Smart contracts allow you to code how money and value moves using the blockchain. The world today is filled with intermediaries that that that a cut out of every transaction. Real estate agents typically take 2–3% of the home’s price when buying or selling. Instead of Uber and Lyft facilitating the transaction, a smart contract can achieve the same outcome. I’ll explain how this is possible in ride sharing using smart contracts.