smart contract services
Our smart contract programming services include:
Designing architectures for your new or existing software solutions using blockchain platforms and smart contracts such as Bitcoin, Side Chains, NXT, Ethereum.
Developing template-based and custom smart contracts of any complexity for various projects in your business domain, using the most popular programming languages such as Solidity, Vyper, Serpent, LLL, Mutan, etc. Integrating smart contracts into existing solutions.
Auditing smart contracts using manual and automated tools to detect errors and potential security vulnerabilities in smart contract security.
Smart contracts we build can be classified into several types based on the underlying technologies used:
These contracts are built on the Ethereum blockchain using Solidity, a programming language specifically designed for Ethereum. Currently, Ethereum is the most widely used platform for smart contracts due to its flexibility and large community of developers.
Unlike Ethereum-based smart contracts, these contracts are built on the Bitcoin blockchain using various programming languages such as Bitcoin Script and Simplicity. Although Bitcoin is primarily known for its use as a digital currency, it can also be used to create simple smart contracts.
These contracts are built on the Corda blockchain using Kotlin, a programming language developed by JetBrains. Corda is a blockchain platform specifically designed for enterprise use cases and offers unique features such as privacy and scalability.
These contracts are built on the EOS blockchain using C++ or WebAssembly. EOS is a decentralized platform that aims to provide high scalability and transaction speed, making it ideal for certain types of applications.
There are various other blockchain platforms that support smart contracts, including TRON, NEO, and Stellar. Each of these platforms has its own programming languages and unique features, making them suitable for different use cases.
Our smart contract developers can build for you
These smart contracts automatically execute the terms of the agreement when predetermined conditions are met. For example, a self-executing smart contract can be used to automate the process of transferring ownership of a digital asset, such as a cryptocurrency, to a buyer once the payment has been received.
These are more complex smart contracts that include legal language to ensure that the terms of the agreement are legally binding. Ricardian contracts are designed to be read and understood by both humans and computers. They are typically used for more complex transactions that require a higher level of legal and regulatory compliance.
Smart contracts help reduce costs, increase efficiency, and eliminate the need for intermediaries in many cases:
- Medical data storage
- Operations with securities
- International and global settlements, enforcement of contract terms
- Identity verification
- Financial reporting
- Credit payment processing
- Supply chain management
- Asset compilation and transfer by will
- Verification of compliance with established standards
- Transfer of valuable digital assets
Benefits your business gets with smart contracts
Process automation, which can help reduce transaction time and costs.
Smart contracts are self-executing and tamper-proof, which reduces the potential for errors and fraud.
Smart contracts are transparent and publicly visible, which enhances accountability and reduces the potential for disputes.
Whenever a certain set of conditions is met, a smart contract can be deployed to a blockchain network, where it will always execute in a uniform and automated manner.
Smart contracts are stored on a decentralized and immutable blockchain, which makes them difficult to hack or attack.
They can be programmed to handle various conditions and contingencies, which makes them more flexible than traditional contracts.
Smart contracts are a powerful tool. Don't miss on them.
Smart contracts are built using blockchain technology, which is a decentralized and distributed ledger technology that allows for secure and transparent transactions without the need for intermediaries. Our skilled smart contracts developers will help you design and implement customized SCs so you can transform your business processes and achieve greater efficiency. Contact us now to explore the possibilities.
Our Blockchain tech arsenal
What our customers say
“It's now the second year of our cooperation with QIT Software. Their developers have been taking part in 2 of our main products within the AEC (Architecture, Engineering & Construction) industry. They played a pivotal role in the acquisition of Twingine as one of our main customers, due to their strong ability to scale the company.”
Frequently asked questions
Once a smart contract is deployed, it is publicly visible and can be accessed by anyone on the network. Users can interact with the smart contract by sending transactions to its address on the blockchain. When the conditions specified in the smart contract are met, the contract is executed automatically, and the resulting transactions are recorded on the blockchain.
The blockchain ecosystem and smart contracts work together to create a secure and transparent way of executing transactions without the need for intermediaries. By using blockchain technology and smart contracts, transactions can be executed in a decentralized and trustless manner, reducing the potential for errors and fraud and increasing efficiency and transparency.
Managing Director at Dangl IT GmbH