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Smart Contract Development

Traditional Contracts Blockchained

Why choose Surmount Softech for Smart Contract Development

As a Blockchain software development services provider we can develop highly secure and reliable smart contracts that guarantees decentralized execution of business transactions without manipulation and delay. Let our blockchain developers harness the power of Blockchain Tech for you, increase the security of transactions & revolutionize the way businesses are done.

Some of the advantages of Smart Contracts can be listed but not limited to

Accurate and Transparent

Their default design makes them absolutely error-free with terms & conditions clearly visible and accessible to all the parties binded to the contract.

Fast and Secure

As a software codes that are distributed across the nodes on blockchain network, these contracts are of self-executing nature ensuring speed and being distributed makes them immune to mutations and hackings.

Disintermediation

Another main advantage of Smart Contracts is the reduced dependence on middlemen to write and execute the contracts as these contracts are of self-executing nature.

 Smart Contracts – Their Applications

At present, Blockchain Technology based Smart Contracts may not be as prevalent due to issues related to technical compatibility with existing systems. But, in the near future, these virtual contracts will see widespread implementation in the range of industries from Healthcare, Insurance, Banking and Real Estate to Government projects like voting.

Insurance

 

Banking

 

Healthcare

 

Real Estate

 

Logistics

 

Mortgages

 

What are Smart Contracts?

The legal contracts or agreements are the basic necessities of the businesses and enterprises- small or large. Therefore, it’s the need of the hour to switch from traditional agreements to smart virtual ones to make businesses more efficient.
Smart Contracts are basically virtual legal agreements encoded in Blockchain Technology and are able to execute themselves automatically when the agreed terms are fulfilled by all the parties holding the agreement. By default the Blockchain enabled Smart Contracts cannot be modified by any party for personal gains. If there are mandatory changes required in agreement then the whole Smart Contract algorithm is altered.

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Surmount Softech Team

Rely on a multidisciplinary team of dynamic, effective and committed Open Source consultants for all of your business needs. Our goal as a team is to give our clients a wider set of offerings and enables us to undertake significantly larger engagements in providing end-to-end IT solutions.

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