Smart Contract Development
Smart Contracts are now essential to any blockchain-based business. The self-executing digital contract is the key to automate processes, transactions and agreements, helping to reduce costs, hence security and end for good the very confusing and not reliable paperwork.Smart contracts are automated digital contracts that enable highly-secure and self-executing agreements to be formulated. They solve many issues faced in traditional contracts such as lengthy paperwork, the need for third-party intervention, and huge costs.Blockchain App Factory is the Smart Contract Development Company with the best solutions for your enterprise. Up to date with every new technology and innovation in the blockchain world, our team of experts is focused on building an outstanding computer-based protocol.Customizable for any type of industry, the digital contract doesn’t need a middleman to ensure that all the parties involved are performing their part. Once all the rules and conditions are settled, its base algorithm executes all the conditions and can even revoke itself in case something goes wrong.
Smart Contract Development Services
Smart Contract forms the most integral part in any Blockchain. It has come to known as the backbone of automation in the entire process. We provide the most accurately coded smart contract conditions to you. Our solid Smart Contract Development services will ensure that your Blockchain adheres to the right automation. Take a look at the features below:
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Digital Contract Architecture
To work as expected, the computer-based protocol needs a top-notch workflow.
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Smart Contract Design and Development
State-of-the-art digital contract, with customizable features adaptable to any industry.
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Smart Contract Auditing
Meticulous smart contract auditing for a reliable and zero breach computer-based contract.
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Smart Contracts Optimization
An optimized contract can help you waste less Ethereum gas.
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Build Decentralized Applications
With Decentralized Applications and Smart Contracts, every type of software can be more trustworthy and functional.
Ethereum Smart Contract Development
As a leading company in blockchain solution, we offer premium Ethereum Smart Contract Development. The Ethereum network allows us to build highly customizable digital contract that will fit the needs of your business.
ERC-20 Token Contracts
Our adept team develops an advanced blockchain-based contract that can be employed for transferring of ERC-20 tokens from one wallet to another ERC-20 compatible address.
Stable Coins
To do away with the uncertainty of escrow agreements, we develop a digital contract for issuing stable coins.
Health Wallet
For a smooth transaction between healthcare providers and payers, Blockchain App Factory develops the blockchain solution.
ERC-721 Smart Contracts
Blockchain App Factory’s adroit developers build smart contracts that are ERC-721 compliant. These contracts can be utilized for copyright protection of crucial work or registering real estate contracts.
Token Redemption
Computer-based protocol for token creation, redemption, distribution and exchange. Designed to cover each aspect of asset tokens.
Attributes of Smart Contract Development
Since Smart Contracts operate on validation of conditions, they can automate various procedures and operations in a business. A decentralized and verifiable network allows a minimum margin of error and excludes the need for third-party agents. Lesser human administration also means cheaper, faster, and efficient operation.
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Reduced Costs & Risks
Automation of tasks with code-based digital contract with minimum or no human intervention reduces processing cost and conventional contract costs. A decentralized process eliminates the risk of fraud since the network is managed by the entire network, as opposed to an individual or party.
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More Accuracy & Immutable System
Smart Contracts are immune to human error and facilitate faster business operations. They are immutable. Once it is in place, the code does not change. This provides a trusted environment for users.
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Scope for New Models
The computer-based protocol works well in any data-driven businesses model. They can efficiently track time, date, weight, temperature, payments and other quantitative variables and respond with predetermined conditions.
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Reliable Autonomous Agents
The blockchain-based autonomous system lets you automate your business process and respond accurately right on time.
Our Smart Contract Development services
Smart Contracts on Solana
Our developers are well equipped to develop smart contracts on Solana, an open-source blockchain known for its transaction efficiency and speeds. Smart contracts developed on Solana can be executed quickly for low transaction fees, which is the main reason why enterprises want to base their businesses on the Solana blockchain. Smart contracts on Solana work for all kinds of Web3 applications. Solana-based smart contracts can be developed using popular blockchain programming languages.
Smart Contracts on Polygon
Polygon or Matic Network is a Layer-2 solution of the Ethereum network that resolves Ethereum’s scalability concerns. Smart contracts on Polygon can be used for a variety of Dapps, as it allows new applications to function flawlessly. Polygon has its own native currency, $MATIC. Since Polygon has Ethereum’s assistance in other aspects, smart contracts on the network can be used for any application supported by Ethereum and the EVM. Our experts can develop quality smart contracts on Polygon for any venture.
Smart Contracts for Staking Pool
Staking pools are used in decentralized finance (DeFi) applications to allow platforms to have token liquidity without any hindrances. In a staking pool, token investors get periodical rewards for staking, which serves as a passive income while ensuring non-stop liquidity on the platform. Smart contracts for staking pools help in the investing and rewarding mechanism involved in the DeFi platform. Our experts excel in developing perfect smart contracts for staking pools that obey all associated mechanisms.
Smart Contracts for Real Estate Tokenization
Real estate tokenization is primarily used for plots on metaverses and the real world. Smart contracts, in this case, can be utilized to finalize the transfer of a plot from one party to another. Our professionals are skilled in creating smart contracts for real estate tokenization by including all the necessary clauses and plot details for transactions to take place. Such real estate tokenization-based smart contracts can be created easily on any blockchain network that supports these applications.
Smart Contracts for Reward Distribution (Gaming)
Gaming has become an important part of the Web3 world, with multiple earning mechanisms already dominating the space. Reward distribution for gaming is the main feature behind such earning mechanisms. Smart contracts for gaming rewards distribution can be beneficial as they can be executed to provide rewards to players if they complete missions successfully. Since the Web3 space totally focuses on instantaneity, smart contracts on Web3 games can help distribute rewards to gamers quickly.
Customized Smart Contracts
With blockchain technology having a lot more undiscovered yet, there are possibilities that new applications can come at the most random times. Developing smart contracts for such newer applications or customized smart contracts for existing applications can be easily done with our services. Customizing depends on the application and the utility of the code. Our experts excel in integrating all your conditions on the customized smart contracts, while ensuring all technical requirements are met.
Smart Contracts for Trade Finances
In the Web3 space, trade finances are based on decentralized finance (DeFi) applications. Operations such as lending, borrowing, mortgaging, and staking are popular on the DeFi front. With no human involvement, smart contracts for trade finances are the only solutions to resolve such complex DeFi banking problems. Our experts can build smart contracts for trade finances that match all the conditions of your DeFi platform and the trading finance operation it is intended to conduct.
Smart Contracts on TRON
Smart contracts work as a self-executing program that helps in the smooth execution of the firm’s operations. TRON is one of the well-known decentralized blockchain platforms. It has its own native cryptocurrency named TRX (Tronix). Smart Contracts on TRON are supported by the Solidity programming language. Once the smart contract has been triggered, the corresponding functions will be executed automatically. The TRON Smart Contract works well on Dapps and digital wallets.
Smart Contract-Based MLM
Utilizing the benefits of Smart Contract MLM software ensures that your business achieves a lot of milestones in its journey. It not only fetches handsome returns, but every single participant receives rich incentives. It works mainly on mutability, distrust, and inefficiency prevailing in your enterprise. Once the network has been created, impressive referral amounts would be obtained. It is very flexible, promises efficient performance, and can also be expanded quickly regardless of the size and nature of your company.
Smart Contract for Dapp
The resources can be appropriately used for executing a sequence of complex tasks. The task of new applications would be to ensure high levels of scalability. The usage of Dapps has increased so much in the last few years and it is important not to miss the pros, and avoid the cons at all costs.
Smart Contract for Digital Wallet
The increasing usage of Fintech solutions necessitates the adoption of digital wallets. The development process needs to ensure the constant exchange of information without the occurrence of multiple errors to deliver the perfect results. Automation, the introduction of encryption, and timestamps would work well.
Smart Contract for DEX
We develop state-of-the-art decentralized exchanges supported by Smart contracts. Smart Contract for DEX offers a plethora of benefits in the form of higher levels of privacy, secure management of private keys and digital assets, immutable business logic, and safe maintenance of data.
Smart Contracts on Ethereum
We are well-equipped in developing ERC-20 and ERC-721 tokens written in the Solidity programming language that can be used for stablecoin development. Our superior Smart contracts on Ethereum can be used efficiently in industries such as healthcare, financial services, retail, automotive, and much more.
Smart Contract Optimization
Be it a centralized system or a decentralized network; smart contracts can be optimized for improving their performance. The outcomes can be measured quickly without wasting any time in updating the backend. This will multiply the benefits from your performance.
Smart Contract for DEFI
Our automated Smart Contract for DeFi coded in Solidity can be used for settling claims, creating invoices, tracing assets, and insurance
Hyperledger Fabric/Sawtooth Smart Contract Development
On Hyperledger Fabric/Sawtooth, we develop the following state-of-the-art smart contracts.
Automated Claim Settlement
Our proficient team design & develop digital contracts that perform claims settlement & auto-initiation for a faster & efficient settlement process.
Invoice Smart Contract
For processes’ transparency and authencity, we develop invoice contracts on Hyperledger fabric related to receiving payments, sending invoice and invoice receipt acknowledgement.
Payment Smart Contract
An advanced Payment Digital Contract using Hyperledger Fabric that initiates payment to the seller automatically.
Asset Traceability
Contracts designed to allow tracking of assets from its point of beginning to the final user. Our seasoned developers can build these computer-based protocols with top-notch precision.
Insurance Policy Tokenization
Our comprehensive experience in Blockchain smart contract development allows us to make policies transparent and trustworthy.
Health Wallets
For a seamless transaction between health providers and payers, our expert team develops wallet digital contract.
Digital Certificates
Blockchain App Factory develops cutting-edge smart contracts that reduce third party dependence, eliminates fraudulence, reduces costs and provides transparency during verification of digital records.
E-Warranty
Our adept developer's design and build digital protocols for seamless transactions between concerned parties.
Our Blockchain Smart Contract Development Process
Gathering the requirements
- Analyzing & understanding the upcoming as well as the existing requirement
- Study & recognize the business idea to be infused in Smart Contracts
- Product Roadmap
Technical Designing
- Document defining Smart Contracts
- Creating a detailed Data flow diagram
- Technical Architecture designing
- Delivery milestone creation
Detailed Development
- Smart contract structure development at Alpha Level
- Smart contract structure development at Beta Level
- Candidate release
- Complete production of Smart Contract
Smart Contract Development & Upgradation
- Deploy Smart Contract on Main Network
- Prioritizing Smart Contract backlogs
- Deploying new contracts
Benefits of Smart Contracts
Pinpoint Accuracy
With its automated coding, Smart Contracts offer error-free functioning.
Data Backup
Blockchain technology makes sure all the data is recorded in numerous tamper-proof blocks.
Complete Autonomy
Smart Contract has a self-executing nature that eliminates the need of a third-party
Trust via Encryption
User’s crucial documents are secured on a shared ledger via encryption
Safety via Cryptography
Smart Contracts are highly secured through cryptography technology
More Savings
Since intermediary presence is eliminated, Smart Contract will save you money.
Hyper-Speed
Manual paperwork is eliminated and the smart-contract code will speed up the tasks.
Ideal Uses of Smart Contracts Development
Digital Contracts can be easily developed and we attest you that our computer-based protocol will automatically enforce all the rules and regulations in the same way as a traditional contract would.
- Finance
- Freight
- Insurance
- Healthcare
- Logistics
- Accounting & Finance
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