write an I agree response and a question to a classmates post that says "mart contracts are revolutionizing the financial industry, particularly in the area of decentralized finance (DeFi). One notable example is the use of smart contracts in automated market makers (AMMs) such as Uniswap. Uniswap allows users to trade cryptocurrencies directly from their wallets without the need for an intermediary, using smart contracts to automatically match trades and adjust prices based on supply and demand (Adams, 2020). This system increases efficiency and transparency, as all transactions are recorded on the Ethereum blockchain, ensuring a secure and tamper-proof trading environment. By removing intermediaries, Uniswap reduces costs and increases the speed of transactions, benefiting both traders and liquidity providers. In the realm of digital identity, companies like Civic are utilizing smart contracts to manage and verify user identities. Civic's platform uses blockchain to store identity information securely, allowing users to verify their identity with various service providers without repeatedly submitting sensitive documents. Smart contracts facilitate this process by automatically verifying the information and granting access based on predefined criteria (Shen, 2019). This enhances privacy and reduces the risk of identity theft, as users have greater control over their personal data