The automation of NFT transactions is guaranteed through the use of smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. When an NFT is created, a smart contract is also created alongside it, pre-programmed with the conditions of the NFT’s sale, ownership, distribution, or other uses. These smart contracts are stored on the blockchain in a decentralized manner, and they cannot be altered once they have been deployed. This means that once an NFT transaction is initiated, the smart contract executes the transaction automatically and instantly, without the need for intermediaries or third-party verification. This automation ensures that NFT transactions are secure, transparent, and efficient.
