Yes , blockchain transactions ; especially smart contracts; can be legally binding if they meet the basic requirements of a contract: offer, acceptance, mutual intent and something of value exchanged. Smart contracts are self-executing agreements written in code on the blockchain. They run across all nodes in the network, ensuring the same result is produced for everyone based on the same input, without needing a trusted third party. This makes the process more reliable and transparent.
From a legal standpoint, smart contracts can fulfill agreed-upon terms automatically, reduce the risks of one party failing to follow through, and lessen the need for intermediaries like lawyers or courts. However, their enforceability may still depend on the laws of the country or region involved