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I don't have any firm estimate on timing of smart contract processing yet, as we won't be diving into the design phase until we complete the modular hivemind work that it will be built on top of.
My best guess now is that we will have modular hivemind tech ready relatively soon (in a month or two). But I don't have any real estimate on the smart contract processing code itself yet, as that task won't be fully scoped until we start (and complete) the design phase. A lot depends on how much functionality we decide to incorporate into the initial release.
RE: 10th update of 2021 on BlockTrades work on Hive software