An auditable contract is a type of smart contract that can be monitored and verified by stakeholders. These contracts are created on blockchain platforms, ensuring that all actions and transactions are recorded transparently and immutably.Auditable contracts typically include detailed logs of all operations and changes made to them. This allows any party involved to access the history of the contract’s execution, making it easier to verify compliance with agreed terms and conditions. The auditability feature enhances trust among parties, as it minimizes the chances of disputes and misunderstandings. Anyone with the right permissions can review the contract’s history, ensuring that all actions were executed as intended.In summary, auditable contracts provide a clear and verifiable means to enforce agreements and maintain accountability, thereby increasing confidence in automated transactions.