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:
Digital Contract Architecture
To work as expected, the computer-based protocol needs a top-notch workflow.
Smart Contract Design and Development
State-of-the-art digital contract, with customizable features adaptable to any industry.
Smart Contract Auditing
Meticulous smart contract auditing for a reliable and zero breach computer-based contract.
Smart Contracts Optimization
An optimized contract can help you waste less Ethereum gas.
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.
To do away with the uncertainty of escrow agreements, we develop a digital contract for issuing stable coins.
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.
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.
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.
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.
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.
Reliable Autonomous Agents
The blockchain-based autonomous system lets you automate your business process and respond accurately right on time.
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.
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.
For a seamless transaction between health providers and payers, our expert team develops wallet digital contract.
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.
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
- Document defining Smart Contracts
- Creating a detailed Data flow diagram
- Technical Architecture designing
- Delivery milestone creation
- 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
With its automated coding, Smart Contracts offer error-free functioning.
Blockchain technology makes sure all the data is recorded in numerous tamper-proof blocks.
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
Since intermediary presence is eliminated, Smart Contract will save you money.
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.
- Accounting & Finance