Have you ever checked the new groundbraking tool that bring to you with #MassaLabs ? I am talking about Autonomous Smart Contracts (ASC).

Most decentralized applications need to be regularly updated to function properly. For instance, lending protocols need to liquidate under-collateralized positions. Current blockchains rely on centralized systems to automate smart-contracts (cloud infrastructure, network of bot operators).

Massa’s autonomous smart-contracts reduce the need for bots and human interaction and pushes the boundaries of decentralization.

Key benefits of Autonomous Smart Contracts include:

1. Automated execution: They can self-execute based on predefined conditions or timers, enabling truly autonomous operation.

2. Event-driven functionality: They can react to both on-chain and off-chain events, allowing for more complex and responsive smart contract behavior.

3. Reduced reliance on external entities: By minimizing the need for manual intervention or centralized intermediaries, ASCs enhance the decentralization and security of blockchain applications.

4. Cross-chain compatibility: They can facilitate seamless interactions between different blockchain networks, paving the way for a more interconnected and interoperable ecosystem.

Please follow official #MassaLabs twitter account and join official discord for more! #smartcontracts #Massanetwork