Topic: Smart Contracts Development (Read 182 times)
This kind of digital smart contract is legal in the court?
Vakaxa is a leading company in Blockchain, so we understand the great potential of smart contracts applications in many fields such as finance, real estate, healthcare, education and has embarked on research to provide smart contracts development services to businesses.
1. What are Smart Contracts?
Smart Contracts are virtual agreement or rather say it as a computer protocol that automatically performs the terms and agreements between the contracting parties (in this case is computer systems) by the support of Blockchain technology. Smart contracts are designed to provide high levels of security while minimizing the transaction costs associated with conventional contracts since they make them an option for normal contracts. All Smart Contracts activities are done automatically and without any intermediary intervention. Therefore, transactions made by smart contracts are very transparent and safe.
2. Why choose Vakaxa’s Smart contract?
Vakaxa is a leading company in Smart contracts development, we have been developing this service on the Blockchain platform. Vakaxa’s smart contracts implement the transactions without third parties. So the users do not charge extra fees.
3. What makes Vakaxa’s smart contract difference?
The difference in smart contracts Vakaxa provides is the way to develop. If you have an idea about smart contracts development, we will create an effective smart contract that can require completely your demand.
- Ideation of Requirements
We will ideate on the usage of smart contracts, according to the requirements of the business. Our team will develop a practical application of smart contracts for you. Our interdisciplinary team will brainstorm together to create a perfect real-world use case.
- Design
Our solution architects will develop an ideal smart contract that will consist of milestones and delivery roadmaps. The smart contract will consist of information movement and design architecture that consists of GDPR compliant requirements.
- Development
The smart contract developed by our developers will be subjected to a standard software release life cycle. Post these steps, the smart contract is released to the market.
- Upgrades
Our team will assure quality during the provisioning of the smart contract into the main network. We will upgrade the features with information gathering and prioritize backlogs with our team of developers.
- The benefit of Vakaxa’s Smart contracts
Because Smart Contracts operate on validation of conditions, they can automate various procedures and operations in a business. A decentralized and verifiable network allows a minimum margin of error and excludes the need for third-party agents. The lesser human administration also means cheaper, faster, and efficient operation.
- Fewer Costs & Risks
Automation of tasks with code based Smart Contracts with minimum or no human intervention reduces cost and conventional contract costs. A decentralized process eliminates the risk of fraud since the network is managed by the entire network, as opposed to an individual or party.
- More Accuracy & Immutable System
Smart Contracts are immune to human error and facilitate faster business operations. Smart contracts are forever. Once it is in place, the code does not change. This provides a trusted environment for the users.
- Scope for New Models
Smart contracts work well in any data-driven businesses model. They can efficiently track time, date, weight, temperature, payments and other quantitative variables and respond with predetermined conditions.
- Reliable Autonomous Agents
The blockchain-based autonomous system lets you automate your business process and respond accurately right on time.
- The field can apply Vakaxa’s Smart contract
The Industry 4.0 has opened the big opportunity of Vakaxa in applicating the smart contract in many fields such as:
- Financial/ Bank
- Insurance sector
- Supply chain management
- Logistic
- Healthcare service
- Education
- Gaming
But not stop there, to meet the technical requirements and increasing demand, Vakaxa will continue to research and develop to ensure everything is safe and secure without any network attacks. A smart contract system can not crack and absolute security is what we are aiming for.
If you have any question, please contact us:
Vakaxa Technology Joint Stock Company
Head office: Room 2512 The Light Building – Trung Van – Tu Liem – Hanoi – Vietnam.
Hotline: +84963.324.888Email: [email protected]
Website: Vakaxa.com
1. What are Smart Contracts?
Smart Contracts are virtual agreement or rather say it as a computer protocol that automatically performs the terms and agreements between the contracting parties (in this case is computer systems) by the support of Blockchain technology. Smart contracts are designed to provide high levels of security while minimizing the transaction costs associated with conventional contracts since they make them an option for normal contracts. All Smart Contracts activities are done automatically and without any intermediary intervention. Therefore, transactions made by smart contracts are very transparent and safe.
2. Why choose Vakaxa’s Smart contract?
Vakaxa is a leading company in Smart contracts development, we have been developing this service on the Blockchain platform. Vakaxa’s smart contracts implement the transactions without third parties. So the users do not charge extra fees.
3. What makes Vakaxa’s smart contract difference?
The difference in smart contracts Vakaxa provides is the way to develop. If you have an idea about smart contracts development, we will create an effective smart contract that can require completely your demand.
- Ideation of Requirements
We will ideate on the usage of smart contracts, according to the requirements of the business. Our team will develop a practical application of smart contracts for you. Our interdisciplinary team will brainstorm together to create a perfect real-world use case.
- Design
Our solution architects will develop an ideal smart contract that will consist of milestones and delivery roadmaps. The smart contract will consist of information movement and design architecture that consists of GDPR compliant requirements.
- Development
The smart contract developed by our developers will be subjected to a standard software release life cycle. Post these steps, the smart contract is released to the market.
- Upgrades
Our team will assure quality during the provisioning of the smart contract into the main network. We will upgrade the features with information gathering and prioritize backlogs with our team of developers.
- The benefit of Vakaxa’s Smart contracts
Because Smart Contracts operate on validation of conditions, they can automate various procedures and operations in a business. A decentralized and verifiable network allows a minimum margin of error and excludes the need for third-party agents. The lesser human administration also means cheaper, faster, and efficient operation.
- Fewer Costs & Risks
Automation of tasks with code based Smart Contracts with minimum or no human intervention reduces cost and conventional contract costs. A decentralized process eliminates the risk of fraud since the network is managed by the entire network, as opposed to an individual or party.
- More Accuracy & Immutable System
Smart Contracts are immune to human error and facilitate faster business operations. Smart contracts are forever. Once it is in place, the code does not change. This provides a trusted environment for the users.
- Scope for New Models
Smart contracts work well in any data-driven businesses model. They can efficiently track time, date, weight, temperature, payments and other quantitative variables and respond with predetermined conditions.
- Reliable Autonomous Agents
The blockchain-based autonomous system lets you automate your business process and respond accurately right on time.
- The field can apply Vakaxa’s Smart contract
The Industry 4.0 has opened the big opportunity of Vakaxa in applicating the smart contract in many fields such as:
- Financial/ Bank
- Insurance sector
- Supply chain management
- Logistic
- Healthcare service
- Education
- Gaming
But not stop there, to meet the technical requirements and increasing demand, Vakaxa will continue to research and develop to ensure everything is safe and secure without any network attacks. A smart contract system can not crack and absolute security is what we are aiming for.
If you have any question, please contact us:
Vakaxa Technology Joint Stock Company
Head office: Room 2512 The Light Building – Trung Van – Tu Liem – Hanoi – Vietnam.
Hotline: +84963.324.888Email: [email protected]
Website: Vakaxa.com
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