Creating a smart contract is one of the basic ways you can utilize the Partisia Blockchain. A smart contract is a program you run on the blockchain. The conditions of the contract are present across the blockchain. This ensures that actions of the smart contract will happen only once are trackable and irreversible. In this way, a smart contract works independently, without any need for outside authority to facilitate the change in state. So, you do not need a bank or a lawyer to set up a binding agreement anymore since you have ultimate control over the conditions necessary to make the change happen. Smart contracts are the tool for you if you need to buy, sell, facilitate auctions or administrate portfolios of diverse assets.