danbrown

  Bitcoin and blockchain were invented a decade before. Since its inception, the blockchain was understood as a cryptographic architecture that renders encrypted storage space to the crypto transactions. It has proved the speculations wrong, and now it's considered the most promising technologies to reform the major industrial processes. Fintech, health care, real estate, supply chain, voting, gaming and entertainment, and much more sectors have established their blockchain projects on real-time applications. Of all these solutions, smart contracts are celebrated with distinct use cases!   In this blog post, let's understand smart contracts development , the steps to create them, and these digital agreements' potential!     A gist on smart contracts!   A smart contract is a set of automated protocols to perform a task on the specified condition. Smart contracts are built on top of the blockchain framework, and the entire transaction or deal is distributed across...

  Let’s get into the exploration of smart contracts!     A smart contract is a computer protocol that executes a task based on the specified conditions. In  general  smart contracts are utilized for purposes such as payment terms, confidentiality, trade deals, loans, regulations, and compliances. Smart contracts are being leveraged in various sectors such as supply chain management, electoral voting, ICO’s, and exchange processes. Above all the smart contracts are built on a blockchain framework and it inherits all the features of the DLT such as transparency, P2P transactions, tamper-proof, immutability.    Let’s take a tour on why to audit the smart contracts, and their professional processes!     The reasons to audit smart contracts!   Smart contracts are recommended to be audited by professionals to check the following qualities:   Performance-optimization,   Devoid of security issues & loopholes,   Design issues,...