Smart Contract and dApp Development

We can assist build an end-to-end solution from the technology backbone - smart contract to the client side - web and mobile decentralized application.

What are Smart Contracts?

Smart Contracts are electronic contracts based on the blockchain technology that automate business processes in a secure and transparent manner.

What are dApps?

Unlike traditional applications, decentralized apps or dApps are not operated and managed by a single developer or provider.
Essentially dApps are programs that exist and run on the blockchain technology and therefore benefit from it’s security and decentralization.

Benefits of Integrating Smart Contracts or dApps for your Business

The applications of smart contracts and dApps are numerous and more and more companies are adapting those. Some examples below:

Security

Using cryptographic encryption methods smart contracts are protected from outside attacks. No party can change the negotiated contract terms after the contract is created. This way payments done via a smart contract are even more secure than done over a traditional banking institution. DApps utilize the same elements of the blockchain technology and as a consequence no party stores all of your data like in the traditional applications.

Efficiency

Programming a smart contract takes much less time and resources than the corresponding bureaucratic processing and phyisical contract. Companies can adopt this to save both time and money.

Independence

Smart contracts are executed decentralized and therefore can in future replace redundant and outdated “middle-man entities” such as authorities, banks and insurance companies. The immutable blockchain technology is used to verify each contract, ensuring its independence.