Smart contracts automate the execution of rules and regulations, making them self-executing and autonomous. This means that:

1. No intermediaries are required to facilitate the execution of the contract.

2. The contract executes automatically when conditions are met.

3. Rules and regulations are encoded in the contract, ensuring that they are enforced without the need for external authorities.

4. Autonomous execution reduces the risk of fraud, censorship, and manipulation.

The autonomy of smart contracts provides several benefits, including:

1. _Efficiency_: Automated execution streamlines processes, reducing the need for manual intervention.

2. _Consistency_: Smart contracts ensure consistent execution, reducing the risk of human error.

3. _Decentralization_: Autonomous execution enables decentralized applications, reducing reliance on central authorities.

4. _Trustless_: Smart contracts enable trustless execution, reducing the need for trust in intermediaries.

By automating the execution of rules and regulations, smart contracts promote efficiency, consistency, decentralization, and trustless execution, creating a more robust and reliable way to facilitate transactions and interactions.