Development of Smart Contracts on Solidity

Today, contracts form the basis of modern business and trade around the world. In order to achieve success in various industries in an ever-evolving business market that is steadily moving towards decentralized virtual networks and to prevent the emergence of business and legal conflicts, one should pay attention to such an option as smart contracts.

Smart contracts are high-level programming codes written in the EVM before being placed on the Ethereum blockchain. Programming languages such as Serpent, Solidity, Mutan, and LLL are commonly used to create and write them.

Smart contracts have a huge number of advantages:

Speed, efficiency and accuracy

You do not need to complete the paperwork and spend time eliminating errors that often occur when filling out manually, because smart contracts are digital and automated.

Trust and transparency

Since there are no intermediaries involved in the contract, all parties involved in the smart contract can be sure that the contract is executed in a 100% neutral and impartial manner. There is no risk of fraud, manipulation or unauthorized modification.

Safety

Automated contracts use the highest level of data encryption currently available, the same standard as modern cryptocurrencies. This level of protection makes them one of the most secure on the web.

Disintermediation and economy

There is no need for a huge chain of intermediaries: lawyers, lawyers or banks. Accordingly, the associated time delays and commissions are also excluded.

In turn, Ethereum is a decentralized blockchain platform that creates a peer-to-peer network that securely executes and validates the code of applications called Smart Contracts.

DApp developers implementing Smart Contracts for Ethereum benefit from a rich ecosystem of tools and established best practices.

When you create an application on Ethereum, you can instantly connect it to hundreds of other protocols that already exist.

All transactions on the blockchain are cryptographically secure, and Ethereum has three times as many nodes as Bitcoin verifying transactions.

Ethereum offers an extremely flexible platform for building decentralized applications using Solidity’s native scripting language and the Ethereum Virtual Machine.

Solidity is an object-oriented programming language created specifically by the Ethereum Network team to create Smart Contracts that implement business logic and generate a chain of transaction records in the blockchain system.

• It acts as a tool for generating machine-level code and compiling it on the Ethereum Virtual Machine (EVM)
• It has a lot in common with C and C++
• Like other programming languages, Solidity programming also has variables, functions, classes, arithmetic operations, string manipulation, and many other concepts.
• Easy access to object-oriented attributes in Smart Contracts such as multiple inheritance traits
• Solidity supports many support role options using the Application Binary Interface or ABI.

Concept

Our specialists contact clients and determine the goal of developing a Smart Contract for Ethereum, clarify all wishes with the client, and determine the main tasks of the future project

Development

This is followed by the actual coding of the Smart Contract using a programming language. Our team uses the Solidity programming language from Ethereum.

Testing

Our experts carry out thorough testing. After all, Smart Contracts are immutable once deployed to the network, which means that you will not be able to edit errors found after deployment.

Compilation

Before deploying Smart Contracts, they need to be compiled. This means the process of converting your contract code into a JSON file so that it can be read by a normal web application.

Take, for example, Smart Contract for Ethereum. Once written in Solidity, your contracts are compiled into EVM bytecode, or the Ethereum Virtual Machine, making them compatible with all EVM networks.

Deployment

Finally, it’s time to deploy your contract, or actually host it on the network of your choice. When we deploy Smart Contracts, we execute them and make a transaction using real cryptocurrency. After this step, your deployed contract will be running and all your coded features will work after the set conditions are met.

Performance

After your contract is completed, deployed and launched on the network, we will check its performance. This includes checking your wallets to make sure the right balances show up at the right time, resolving any storage issues and maintenance tasks.

Avada Media has the best development teams and highly qualified Blockchain specialists. Our company guarantees the high-quality implementation of all stages of the development of Smart contracts on Solidity. Moreover, we are ready to work with a variety of tasks, examples of which are mentioned below:

Fundraising

Crowdfunding, ICO, MLM projects. Creating a Solidity Smart Contract for you and issuing your own tokens on the blockchain in order to attract the interest and capital of investors for the fastest and most efficient implementation of your business idea.

Development of a personal investor account

Creation of a user interface (frontend) for interaction with the blockchain/Smart contract.

Deployment of a private blockchain platform

Do you need your own independent blockchain to interact with counterparties? We will help you deploy a private blockchain platform and create applications to interact with it.

Development of crypto funds

Creation of yield charts, portfolio structure is visual and user-friendly. Investors buy crypto assets that are deposited directly into their account and they can track returns.

Cryptoprocessing

Ensuring the acceptance of cryptocurrency for your project or personal account. Use of internal billing, processing of crypto payments and accrual of tokens.

Technical consulting and support

Conducting an external audit of your Solidity Smart Contract. When ordering development from us, you automatically receive technical support and access to the experience of our team.