Blockchain-powered smart contracts are self-executing digital protocols that regulate agreements between participants in a blockchain network. They are non-interchangeable, making them a powerful tool for various business applications. The primary purposes of implementing smart contracts are automating the processes and eliminating the need for mediators. Our blockchain development team implements smart contracts using Ethereum, Hyperledger, and EOS to solve multiple industry problems.
Minor and major vulnerabilities in the smart contracts are capable of creating failures in the main network, which would eventually result in the loss of millions of dollars. This creates the need for better security practices and regular audits.
At Blockchain Firm, we provide state-of-the-art smart contracts audit development services for smart contracts. Our expert team of smart contract auditors can perform audits for tokens, stablecoins, crowdsales, NFTs, marketplaces, DeFi, and more. We have a suite of static & dynamic analyses, automated tools, and a double-stage review system to ensure 100% authenticity of your project.
A hybrid smart contract synchronizes two distinctly different computing environments first, the smart contract (on-chain) code that runs exclusively on the blockchain, and second the decentralized oracle network secure (off-chain) services that support the smart contract. These two different networks interact seamlessly and securely to form a single hybrid smart contract application.
It offers avant-garde forms of economic and social coordination that have immutable and tamper-resistant properties of blockchains. They also give rise to new use cases that businesses have never seen before, allowing both blockchains and non-blockchain infrastructure to interact seamlessly in a secure, scalable, reliable, confidential, customizable, and universally connected manner.
Constructing a standardized, secure, and authentic ERC-20 smart contract is what we specialize in. In addition to developing basic contracts, we also focus on creating advanced ones with 100% compatibility.
Want to utilize stablecoins in your business without worrying about the transfer protocol issues or escrow accords? We are here to assist you in implementing secure contracts to streamline the issuance.
We develop smart contracts for non-fungible tokens that are entirely compliant with the ERC-721 token standard. The contracts are designed explicitly for ownership rights.
We develop automated smart contract protocols for creating the tokens, distributing them in exchanges, redemption, and other services under token utilization.
We provide an all-encompassing assessment service of the back-end code to identify the potential threats in the network’s smart contracts.
Our experts assist in an all-around analysis of the system to detect the vulnerabilities and enhance the security of the network.
We provide basic audit services for businesses that are in need of a quick check to eliminate the risks associated with the process.
For complex projects, we deploy an entire audit team and standardized tools to ensure the highest level of contract security.
Smart contracts are self-executing protocols, which, once written, are automatically triggered. They process and execute transactions at an incredibly high speed.
Smart contracts operate independently once deployed. They eliminate the need for manual initialization or intermediary participation, thereby reducing the costs.
Smart contracts are visible to all participants. This way, they offer increased transparency to all, and no parties can create a dispute once the contract is deployed.
Smart contracts eliminate the room for errors, thereby rendering the agreements transparent, autonomous, & secure and increasing the trust among participants.
Smart contracts are faster and cheaper to execute. They lower the possibility of manual errors since they are automated, and the data is stored in different locations.
Our team interacts with the client to discuss the requirements and help them understand the project feasibility and ongoing challenges.
We create a prototype of the proposed smart contract to help the client evaluate what the actual project will look like and give suggestions, if any.
Once both parties agree on the preliminary design,
the project formalities will be completed, and the project will move to the development team.
Our development team works on the project in full swing with all the modules to complete the actual flow within the stipulated time frame.
After the project is tested under vigorous environments for bug fixes, we deploy the smart contracts onto the mainnet.
With the advent of blockchain technology, the use of smart contracts increased significantly. Blockchain-powered smart contracts are self-executing computer protocols. They regulate the agreements between traders and are recorded on a blockchain. Smart contracts control the overall transaction execution and also make them transparent, traceable, and irreversible. The primary purposes of implementing smart contracts are automating the processes and eliminating the need for mediators - central authority, third-party agencies, or brokers - from the transaction processes.
Blockchain Firm provides various smart contract audit services like preliminary audit, security audit, and full chain audit.
Smart contracts are widely used in financial institutions, digital identity, healthcare sector, educational organizations, logistics & shipping, and escrow services.
Smart contract audit is the cross-analysis of the existing smart contract codes on a blockchain. It is performed by audit experts to identify potential bugs and security vulnerabilities in the code.