Blockchain Smart Contracts Development Services in India | Parity Chain

Smart Contract

Block Chain Development
Smart Contract Development

Smart Contract Development

ParityChain delivers reliable and secure smart contract applications for Private and Public Blockchain networks. The smart contracts is the most widely used and accepted application from the Blockchain Arsenal. Smart Contracts are replacing middle man and decreasing the turnaround time thus finding acceptance in the Banking and Finance sector. Weather you are launching an ICO or developing a custom dapp or building any solution on Blockchain Technology- Smart Contract is the most useful tool.

What are Smart Contracts

What are Smart Contracts

They are self-executing and self-enforcing contracts developed using the Blockchain technology. They are virtual contracts encoded in Blockchain, which includes several sets of tasks that are automatically executed, as per the code. The organization and the client can keep a track of the agreement and the extent to which it has been fulfilled. The manipulation of the contract hosted over Blockchain network is near to impossible, hence there is complete transparency and full security.

Real-world Applications of Smart Contracts

  • Legal Agreements
  • Transport & Logistics agreements
  • Delivery Network
  • Real Estate
  • Warehousing
  • Financial Transactions
  • Lease Agreements
  • Banking Transactions
  • Contractual Payments
  • Investment & Payments
  • Service Agreements
  • Fulfillment Services

Benefits of Smart Contracts

  • Automated and Quick
  • Reliable and Secure
  • Easy to manage and Impossible to tamper
  • Decentralized execution
  • Low chances of failure
  • Very Low transactional risk
  • Easy and swift for payments and other financial transactions
  • Self Executing, no intermediary needed
  • Cost-effective
  • Can be connected with multiple Systems for Trigger Setting.
  • Multiple Tread Execution.
  • Zero Human Intervention

The Development Process

The Development Process
  • Project Understanding: Discussing with the Stake holders wrt Project Goals and Expectations.
  • Requirement Gathering: Complete requirement analysis and identifying the business logic.
  • Technical Design: Design the flow diagrams, technical architecture as well as the definition document. Create the delivery milestones and the roadmap for the product.
  • POC Development: Develop a POC (Proof of Concept) for stakeholders to test and acquainted with.
  • MVP Development: Develop an MVP (Minimum Viable Product) and run it in the small peer group or a small set of internal users.
  • Deployment: Once the MVP is complete and approved by the internal users or the peer group, we deploy the solution to the main network for Early Adopters to start using over a live dataset.
  • Upgrades: We keep building on the product to upgrade it as per the evolving business requirements and feedback from the Early Adopters at the initial stage and all users during later stages.
  • Product Maintenance: Maintain the Product throughout the Product lifecycle.

Why Partner with Us?

  • We delivery ultra-efficient workflows for the smart contract development
  • We deliver the smart contracts using a thorough process
  • Customized solutions with reduced costs
  • Reliable and secure transactions with our smart contracts
  • Successful delivery with complete quality

Connect with our team at ParityChain for Blockchain and Smart Contracts requirements or challenges faced by your enterprise business needs.

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