Through our smart contract development services, you will be able to create innovative products based on blockchain technology. We will turn your business logic into coding and write secure smart contracts, that ensure seamless functionality.
Smart contract is a piece of software running on blockchain. It is a self-executing program which follows certain logic written by developers. When conditions of the code are met, a smart contract executes automatically.
Smart contracts work in a special environment. In the case of Ethereum blockchain, it's the Ethereum Virtual Machine. It creates a layer between the smart contract code and the Ethereum network.
Ethereum was the first to allow the creation of smart contracts. However, now there are other blockchains that allow the possibility due to compatibility with EVM.
As the implementation of smart contracts is based on the written code, they eliminate the need of a third party to control operations. Powered by blockchain technology, smart contracts are secure and ensure transparency. They can be used in various industries: finance, gaming, art, etc.
The basic steps of smart contract development include: setting terms and conditions such as data and time of execution, creating functional design, compiling, interacting with the contract, making a transfer, deploying.
Once a smart contract is deployed, there is no way to change it. So, it is essential to manage the development steps carefully.