A simple analogy for understanding blockchain technology is a Google Doc. When we create a document and share it with a group of people, the document is distributed instead of copied or transferred. This creates a decentralized distribution chain that gives everyone access to the document at the same time. No one is locked out awaiting changes from another party, while all modifications to the doc are .Blockchain is an especially promising and revolutionary technology because it helps reduce risk, stamps out fraud and brings transparency in a scaleable way for myriad uses.
As a leading blockchain application development company, PearSystem offers ethereum based custom smart contracts development services for different enterprises. We aware of the necessary steps that it needs to take to develop a smart contract application. With an experienced team of full-stack blockchain developers, we as a smart contract development partner offer a range of smart contract development services using ethereum.
Smart Contracts Architecture
Smart Contracts & Token Development
Smart Contracts Audit
Smart Contracts Optimization
Smart Contracts Design & Development
Build Decentralized Applications
1
Analyzing Requirements
Initially, our sales representative comprehends your requirements and analyzes the end-goal that depends on what your company wants to develop on a blockchain technology and what kind of problem needs to be solved.
2
Development
After comprehending your requirements and analyzing the end-goal of your company, our smart contract developers understand the main aim of your contract and start writing the code for it.
3
Testing
Our QA team tests the first version of your smart contract and ensures that it is 100% bug-free. For the initial safety, our team first tests the contract locally on a local dev blockchain (e.g. Ganache).
4
Deployment to Public Testnet
It’s time to deploy the contract to a public testnet before deploying to production. There are a couple of testnets like Ropsten, Kovan, and Rinkeby offered by Ethereum.
5
Deployment in Production
Now, we will deploy your contract in production. Once the contract is deployed on the live blockchain, it will stay there forever and can’t be changed, so we ensure that it thoroughly tested and audited before deployment.
Insurance companies automate insurance policies by writing them into a smart contract. They can perform error checking, routing and payout calculations based on the type of claim that would be mentioned in computer code directly in a smart contract.
Banking company means and includes any company which carries on the business or which transacts the business of banking in India. Therefore, any company which is engaged in trade or manufacture.
The health care industry would truly benefit from mobile enterprise applications because in the health care industry it is important that the patient is attended to immediately and these applications help improve that.
Real estate markets and the construction industry are offering new opportunities for growth. Many factors have contributed to the booming real estate industry in the past few years, but the industry faces challenges. The real estate & construction industry is increasingly getting more regulated, stable and multi-faceted..
Even the travelling sales force of a company can easily capture customer requirements on the go, and check with the main server for availability of stock. All your supply chain management needs are only a click away with these applications.
A mortgage is a specific type of loan that’s used to purchase a home or piece of property. They’re offered by banks, credit unions, and other financial institutions across the country.
Analyzing Requirements
Different industries like banking, insurance and real estate need the middleman to communicate with their customers, so the businesses of these industries can adopt smart contract and eradicate the need of middleman.
Efficiency & Automated Business Process
Differentiating tasks like record keeping, cash flow and fulfilment can be easily managed under one platform. By automating and consolidating tasks, you can streamline business operations and improve efficiency.
Data Security
DAutomated contracts use advanced level of data encryption that is available, and it is same standard that modern crypto-currencies use. With this high-level of protection and security, automated contracts become the most secure item on the world wide web.
Embedding Trust
Smart contracts allow your business to make ecosystems that support your business processes. With the transparency of blockchain technology, businesses and their customers can ensure that their transactions and agreements are verifiable.
Operating Costs Saving
As smart contracts are based on software code, so all the tasks are automated, resulting in excluding manual manipulation and processing by humans. The less number of human intervention and least number of auxiliary steps result in lowering overall costs.
The inspiration of Bitcoiin2Gen was to make a superior and more advanced version of Original Bitcoin. Therefore, Bitcoiin2Gen proposed a self-sustaining cryptocurrency, which is transforming the cryptocurrency world by creating a digital ecosystem. Bitcoiin’s self-sustaining ecosystem is an open, collaborative environment of a cryptocurrency (B2G), mining ecosystem (Dragon Mining Tech), and a crypto-wallet (B2G wallet). B2G is addressing the current issues that are slowing down the Bitcoin eco-system, longer transactions time, higher transactions fees, fewer earnings to miners, outreach from the ordinary people and most important its core system, the blockchain itself.
Interoperable Blockchain Network for Global Trade & Finance which enables Digitization, Tokenization and instant settlement of trade transactions, increases efficiency and reduces reliance on complex FX infrastructures, allowing for increased flexibility in liquidity management for financial institutions.
Here are the main reasons to choose PearSystem as your smart contract development partner:
The inspiration of Bitcoiin2Gen was to make a superior and more advanced version of Original Bitcoin. Therefore, Bitcoiin2Gen proposed a self-sustaining cryptocurrency, which is transforming the cryptocurrency world by creating a digital ecosystem. Bitcoiin’s self-sustaining ecosystem is an open, collaborative environment of a cryptocurrency (B2G), mining ecosystem (Dragon Mining Tech), and a crypto-wallet (B2G wallet). B2G is addressing the current issues that are slowing down the Bitcoin eco-system, longer transactions time, higher transactions fees, fewer earnings to miners, outreach from the ordinary people and most important its core system, the blockchain itself.