Smart contract development services &
implementation best practices

Smart contract development services & implementation best practices

How a smart contract works

A smart contract operates by following the 'if-then' principle. If the predefined rules outlined in a smart contract code are met, then the agreement is automatically enforced. For example, a smart contract in insurance can be programmed to automatically transfer funds to an insured party if a triggering event occurs, such as a flight cancellation or a shipping delay. This eliminates the need for a third party to confirm that a specific event happened and makes the process more transparent.


Establish contract terms for all stakeholders

Embed conditions in the code


Off-chain event (flight cancellation) or on-chain event (fund transfer) triggers contract execution


Smart contract executes based on predefined conditions

All stakeholders involved receive a notification with details of the action taken


Digital assets (crypto, tokens) automatically settle in a blockchain-based wallet

Off-the-chain assets (fiat currencies) settle through a payment gateway

Our smart contracts services

We provide comprehensive smart contract development and security audit services to help your business maximize its efficiency and improve data security by deploying smart contracts and web3 decentralized applications (dApps) for your operations.

Our smart contracts services

Our experienced team delivers smart contracts carefully tailored to your business case. Whether it’s an asset exchange or a crowdsourcing campaign, we cover every aspect of blockchain development, from use case analysis to deployment.

Our smart contract audit company ensures your code works as intended. We perform platform-specific analysis to ensure optimized resource consumption and protection against cyber-attacks and data corruption.

Our expertise goes beyond smart contract development, which allows us to see the bigger picture and give expert advice on how to integrate smart contracts into existing ecosystems, improve the performance of smart contracts you already use, or migrate to another platform.

We help companies in various industries connect smart contracts with off-chain data sources like weather or financial market data. We ensure seamless integration, allowing your smart contracts to react to real-world events with no hiccups.

Cut costs and speed up workflows with smart contracts

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Smart contract use cases by industries



Blockchain-based smart contracts can help financial organizations automate financial services delivery and eliminate intermediaries. With smart contracts in place, lending, borrowing, and trading become transparent and significantly less prone to counterparty risk.

AML & KYC compliance

Financial institutions can use smart contracts to automate compliance checks, get rid of resource-intensive conventional verification methods, and securely share sensitive customer information within a trusted network of participants.

Asset tokenization

Smart contracts can be used to tokenize illiquid assets like real estate, artwork, and venture capital funds. This allows investors to purchase fractions of these assets on a digital exchange with lower fees.

Asset and investment management

Smart contracts can transform asset and investment management by making it more transparent than ever before. With the help of DAO, fund managers can quickly attract investments via IDO/ICO, while investors can provide capital under clear conditions that can be easily verified by the blockchain.

Blockchain platforms we work with

Our extensive experience and technical proficiency in blockchain allow us to identify the best-matching blockchain technology for your business objective. We thoroughly analyze every aspect of your solution’s vision to help you select one of the following platforms:

Ethereum blockchain is one of the oldest and most mature open-source smart contract development platforms that can handle the most sophisticated smart contracts on its ledger.

  • Uses Truffle, a purpose-built development and testing framework for smart contracts
  • Smart contracts on Ether are Turing complete, allowing them to handle any computational problem given enough resources
  • Supports Solidity language, which is specifically designed for writing smart contracts
  • Offers various standards for tokenization (ERC20, ERC721) via smart contracts

Stage-by-stage smart contract development

We follow methodologies precisely selected for each use case. However, you can expect a straightforward process made up of these stages:


Business analysis

At first, we assess the project requirements, study the business case, identify risks and limitations, and prepare the project roadmap.


Technical analysis

After thorough analysis, we conduct a technical overview of your project and select the blockchain platform to support your smart contracts.


Architectural design

We determine which modules should be implemented off-chain and on-chain, evaluate the need for oracle integration, decide between microservices and monolithic structure, outline call points, and build relevant APIs.



At this stage, we connect the dots to define your smart contract functionality, write the code, and deploy it to a public testnet.


Smart contract security audit

Further, we ensure bug-free performance and optimal resource consumption by smart contracts, as well as validate their immunity to cyber threats.



In the final stage, we deploy smart contracts to the live network. As your project grows, it will be possible to add new features, as our smart contract design is flexible and adaptive. This may include integrating new APIs or facilitating tokenization (NFT).

5 benefits of smart contracts


Increased automation
By their nature, smart contracts automate processes that conventionally imply active human involvement, allowing businesses in various industries to streamline their operations and cut costs.

Enhanced trust
Blockchain and smart contracts provide unprecedented trust between industry players and minimize the probability of disputes. Given that data is stored on tamper-proof distributed ledgers, all network participants have access to the same single source of truth.

Decreased costs
In most cases, smart contracts eliminate the need for a mediator in transactions, significantly reducing operational costs and cutting the time it takes to complete the process.

Improved security
Smart contracts use cryptographic protocols to ensure data integrity, immutability, and privacy. This makes them more reliable and secure than traditional contract management systems.

Increased speed of transactions
By eliminating a third party from transaction processing, smart contracts greatly decrease the time for settlement, enhancing the efficiency of the overall value chain and business processes.


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