Smart Contract is one of the most sought-after applications of blockchain which enforces negotiation between two parties based on certain contractual clauses. It’s a computer protocol which executes itself whenever it is exposed to a trigger event which can be any kind of data input. For this reason, they are also called self-executing wills. In this way, the smart contracts facilitate a fair exchange of goods and services between the exchanging parties.
– Smart Contracts are backed by the state-of-the-art Blockchain technology which also adds a strong layer of security and transparency to the transactions. The contractual data is stored on Blockchain which is an immutable and tamper-proof record of stored information. This makes it impossible to change or modify the contractual clauses. These contracts also use Escrow service which is primarily meant for providing a fair exchange.
– We have a proficient team of Blockchain Developers that specialize in building world-class decentralized apps (DAPPs) for different industries. We also work on the Ethereum blockchain to create solidity smart contracts. Our team of Blockchain Developers is proficient in using Solidity which happens to be the key programming language for Ethereum blockchain. We also have a dedicated team for Smart Contracts Audit.