What’s special about Smart Contracts is that none of the participants have to trust each other.



After the rules of a Smart Contract are agreed upon and the Contract is live, nobody can change those rules to cheat. The Smart Contract acts on its own and does exactly what it’s programmed to do, no matter what. For example, the stadium owner can’t change his mind and cancel the refunds.



Without interference being possible, all participants can trust the Smart Contract, even though they may not trust each other.