Blockchain & Smart Contract Real World Ethereum Platform Malaysia



How smart contracts work

It's worth noting that bitcoin was first to support the basic smart contracts in the sense of that network can transfer the value from one person to another. The network of nodes will only validate transactions, if certain conditions are met. But, bitcoin wallet is limited to the currency use case. By contrast, ethereum replaces bitcoin's more restrictive language (a scripting language of a hundred or so scripts) and replaces it with a language that allows developers to write their own programs. Ethereum allows developers to program their own smart contracts, or 'autonomous agents', as the ethereum whitepaper calls them. The language is 'Turing-complete', meaning it supports a broader set of computational instructions.


Smart contracts can:
·         Function as 'multi-signature' accounts, so that funds are spent only when a required percentage of people agree.
·         Manage agreements between users. say, if one buys insurance from the other.
·         Provide utility to other contracts (similar to how a software library works).
·         Store information about an application, such as domain registration information or membership records.

Crypto Soft Malaysia team already deployed more than 100 smart contracts. We audited over 50 ICO contracts and saved over $300 millions of investor funds.

We develop the following Solidity smart contracts

·         Token contracts ERC20/ERC223
·         Crowdsale contracts ICO
·         Multisignature contracts
·         Custom contract




Also we offer smart contract auditing for security risks, misbehavior, bugs and inefficiency.
The majority of ICO's that came out in 2017 were built on the Ethereum Blockchain thanks in no small part to Ethereum / Smart Contract relationship.

Smart Contracts, in layman terms, are like an “event construct” on the blockchain technology. Think of them as contracts based on a methodology. 


As an example, imagine a real-estate token with a smart contract that automatically sealed an agreement when all subjects were removed from a real-estate purchase offer then remitted the deposit to the seller from the buyer’s crypto wallet.
Implement smart contracts on an open-source Initial Coin Offering platform for transparent, fast-forward performance for your business project. Smart contract codes are executed in a decentralized and distributed manner to customize your requirements. Immutable smart contracts provide security and allow the secure storage of digital data. We provide:

·         conceptual token design
·         smart-contract implementation
·         testing
·         smart-contract deployment
·         support



Comments

Post a Comment

Popular posts from this blog

Blockchain Improves Ecommerce Industry- Crypto Soft Malaysia

Image
  What is ecommerce Blockchain? A Blockchain is a distributed and digital ledger that is used to record transactions in the form of blocks. All these blocks are interconnected in the form of a chain and stored on multiple computers to ensure proper security is maintained What is the purpose of Blockchain applications in business and commerce? Blockchain technology makes these tasks easier to achieve. Blockchain allows e-commerce businesses to manage their inventory more efficiently. The technology eliminates the necessity for businesses to invest in other resources to track and monitor stocks. What industries will benefit from Blockchain? Here are the latest innovative ways companies are harnessing the power of global blockchain. ·         Banking ·         Messaging apps ·         Hedge Funds ·         Voting ·  ...
Read more

Cryptocurrency Exchange Software Development Company Crypto Soft Malaysia

Image
Create your own customizable and scalable Cryptocurrency exchange trading software built by seasoned blockchain engineers with a focal point on security, connectivity and seamless environment. Complete, reliable Altcoins exchange software built with latest technologies to establish the virtual currency marketplace.  If you already own a Cryptocurrency and looking forward to integrating into an exchange platform, then a flawless, ready-made Cryptocurrency exchange software script will be made for you that are completely white-labeled as well.  Every Business operates with your own corporate culture, procedure and processes there is hardly any off-the-shelf software in the market that able to fully fit your needs. Customizations and tailor made a software solution that totally fit for your operation is sometime essential instead of changing the operation process to meet a software requirement design a customize ICO software system will take less resistance...
Read more

QUANTITATIVE TRADING BOT FOR BINANCE

    For More Details Please Contact Call / Whatsapp: +60 16-499 8736 Website: www.cryptosoftmalaysia.com Unit3, Level 22, The Gardens South Tower, Mid Valley City, 59200 Kuala Lumpur   QUANTITATIVE TRADING BOT FOR BINANCE   We from  Crypto Soft Malaysia  a professional Cryptocurrency Trading Bot Development Company, offers the best crypto trading development services with complete customer satisfaction. Ideally, trading bots are computer programs that aims to make a profit by buying and selling various cryptocurrencies that too at the right time. But you need to note that majority of the bots are not profitable. These bots do generate profit, and the same is higher in the risk adjusted terms as compared to the ones who you had just bought and held. Often the software programs leverage artificial intelligence and machine learning. The main aim is to observe the market and execute cryptocurrency trades as per preset algorithms....
Read more