An Autonomous Economic System refers to a self-managing environment where economic activities occur without central control. In this setting, smart contracts and decentralized protocols govern transactions and interactions. These systems operate on blockchain technology, enabling trust and transparency among participants.Participants can engage in various economic functions, such as trading, lending, and investing, without intermediaries like banks or brokers. The rules are coded into smart contracts, which automatically execute actions based on predefined conditions. This reduces the need for human intervention, enhancing efficiency.Users benefit from lower costs and increased access to financial services. They can participate in global markets, regardless of their location, which fosters inclusivity. However, challenges such as regulatory uncertainty, security risks, and market volatility persist.Overall, an Autonomous Economic System aims to create an open and efficient economic landscape, allowing individuals to interact directly and securely while promoting innovation and new business models.