logo BlackWood Software
Contact us
We are developers
high productivity, budget optimized,
small team of developers
Node.JS, Vue.JS / React, JavaScript, iOS Objective-C, PHP, Java, Android Java, SQL (MySQL), NOSQL (Redis, Aerospike), big data analytic column based DB (ClickHouse)
We create scalable, beautiful web ㄔ mobile ㄔ desktop applications and websites
Writing a custom smart contract for you

What is smart contracts

Nowadays using smart contracts is not only fashionable and technological, but also fast, safe, confidential.

It was Nick Szabo who developed the concept of self-executing digital contracts. They were called "smart contracts". A smart contract is a specific set of digitally described promises, including a set of protocols by which the parties fulfill their promises. n the world of cryptocurrencies, a smart contract is an application running on a blockchain. Both parties can take on obligations through the blockchain, without trusting each other. Participants can be calm about the correct fulfillment of obligations, because if the conditions are not satisfied, the contract is canceled.

Blockchain-based decentralized systems are an environment in which the execution of a smart contract does not depend on a third party, significantly reducing operating costs, and its code cannot be changed. Outside the blockchain smart contract will be just a software code.

The advantages of smart contracts

What are the advantages of smart contracts?
Here they are.

  1. A protection against unauthorized changes;
  2. Transparency - you can follow all the stages of the execution of a smart contract in real time;
  3. Confidentiality. Despite the fact that all contracts are stored in the distribution register, the parties may remain anonymous.

In order for smart contracts to exist, some conditions are required:

  1. electronic signature based on public and private keys (asymmetric encryption)
  2. Open and decentralized database for executable transactions, it completely eliminates the human factor. As an example: blockchain in Bitcoin.
  3. Decentralization of the smart contract execution environment. As an example: Ethereum.
Most of the alt coins are smart contracts in the Ethereum’s blockchain.

Have questions? Contact us
We take care of all the technical part to the maximum, you do not need to understand the technical details. Do not hesitate to contact us.
Thank you!
Wait for a response within 30 minutes.

Try new global trends

Start accepting cryptocurrencies in your store! Create your own token! Create your own wallet! Enable decentralization for your business!

Learn ƛ Understand ƛ Use ƛ Get an advantage

Integration of blockchain

We can implement cryptocurrency payments in your online shop in just 2 days!

Contact us
From $699 $499 (discounts until August 27, 2020) Read more & order
From 1099 $899 Read more & order
From $8499 $7899 Read more & order
From $2999 $1999 (setup & consultations) Read more & order
From $1099 $899 Read more & order
Some of our portfolio
Our code was regularly audited by the branch of TOP 2 Internet security company in the world in one of the projects and the code was approved.