Blockchain Smart Contract Developers to Create Your Cryptocurrency Mobile App Software


Blockchain Smart Contracts
We’ve all heard about the benefits of ICO smart contract technology - a trustless tool to boot out the middleman when exchanging money, assets, or anything of value. As revolutionary as blockchain’s latest buzzword may be, smart contract bugs are causing untold chaos.

Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. Blockchain Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism. They render transactions traceable, transparent, and irreversible.


Smart contracts were first proposed in 1994 by Nick Szabo, an American computer scientist who invented a virtual currency called "Bit Gold" in 1998, fully 10 years before the invention of Bitcoin. In fact, Szabo is often rumoured to be the real Satoshi Nakamoto, the anonymous inventor of Bitcoin wallet, which he has denied.

Szabo defined blockchain smart contracts as computerized transaction protocols that execute the terms of a contract. He wanted to extend the functionality of electronic transaction methods, such as POS (point of sale), to the digital realm.


“Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing, and Technology.”

Blockchain & Smart Contracts: Opportunities
  Certainty of code
  Cost effectiveness of repetitive low value transactions
  Increased competition by breaking down monopolized financial systems
  A truly interconnected world, removing inefficiencies between systems


  Decentralization cryptocurrency mobile app developers reduces the risk of permanent data loss and corruption
  Transparency may assist effective regulation of markets
  Faster settlement of trades, and the removal of multiple layers of book entries.

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Crypto Soft Malaysia
Mr. Mohammad Yousaf
https://www.cryptosoftmalaysia.com/
cryptosoftmalaysia@gmail.com
Unit 3, Level 22, The Gardens South Tower, Mid Valley City, 59200 Kuala Lumpur.
+60 392121566

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