Crypto Soft Malaysia Gives Ultimate Guide to Blockchain Technology for Business Needs
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
wallet. In fact, Szabo is often rumoured to be the real Satoshi Nakamoto,
the anonymous inventor of Bitcoin, which he has denied.
A POC can either be a prototype without any supporting code
or any MVP (Minimum Viable Product) with the bare feature set. A POC is a
prototype that is used for an internal organization who can have a better
understanding of a particular project.
So, how do you cut through the noise and hyperbole around
blockchain and decide where to start? The answer is simple: Invest in a blockchain
proof of concept (PoC) in 2018. How to get started with a blockchain PoC.
Getting started with Private
blockchain is easier said than done, right? Of course — but you don’t have
to make a massive commitment to begin. In fact, our Block First blockchain
developer practice is specifically designed to remove any friction and barriers
for businesses. We provide all of the strategic, technical and delivery
expertise needed to launch a successful blockchain PoC in 6 weeks or less.
Consulting whether blockchain is the best solution for your
product. Consultation and implementation of transferring your processes to a
Blockchain based technology. Writing smart contract code in RootStock for
Bitcoin and Solidity for Ethereum.
Planning the architecture and choosing the best software solution for your
Blockchain based software.
Thanks for reading our content. To know more about our
services, please visit our website:
Crypto Soft Malaysia
Mr. Mohammad Yousaf
cryptosoftmalaysia@gmail.com
Unit 3, Level 22, The Gardens South Tower, Mid Valley City,
59200 Kuala Lumpur.
+60 392121566
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