Smart Contract – A beginner’s guide! - PowerPoint PPT Presentation

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Smart Contract – A beginner’s guide!

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The digital world has moved on to the blockchain technology & smart contract is a set of codes depicted as conditions in it. Here is a piece of writing that provides you with a comprehensive guide for beginners. Make use of this article to get an idea about the smart contract and how it works? Visit our blog now: – PowerPoint PPT presentation

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Title: Smart Contract – A beginner’s guide!


1
SMART CONTRACT
A BEGINNERS GUIDE
By Epixel Solutions https//www.epixelmlmsoftware.
com
2
What is Smart Contract?
  • Smart Contract is a set of computer codes
    depicted during the initial stage of every
    function in digital format. It is a computer
    protocol facilitates, verifies, and enforces the
    negotiation or performance of an agreement or
    transaction. Smart contract directly controls all
    transactions without third parties. Simply, its
    a form of decentralised computerization. Smart
    contract the set of codes running on the
    blockchain platform, underpins various
    cryptocurrencies.

3
BLOCKCHAIN TECHNOLOGY
  • Blockchain is a digital ledger system linked with
    various cryptocurrency transactions. Blockchain
    technology is devised for digital currency in MLM
    industry. This technology revolutionizes the
    business industry, ensures the success and
    security of MLM businesses.
  • Benefits of Blockchain Technology
  • Security
  • Quick transactions
  • Process integrity
  • Transparency
  • Cost effective transactions
  • What smart contract do on blockchain? It will
    streamline all complicated process, without the
    involvement of intermediaries.

4
How does a Smart Contract work?
  • Lets narrate with an example
  • Suppose youre going to sell a plot, and you have
    many expectations about your buyer like,
  • You would like to sell the plot, and you have an
    expected price in your mind.
  • Many buyers approach you and negotiation is
    always a concern.
  • You cant just bargain everyone one after other
    and its a headache!
  • Taxes, land clearance, and other rules come in
    between as legal norms.
  • The purpose of buying might be your concern.
  • Many such factors arise one go through these
    each and every time. Smart contract will become
    ease, if all these factors are interconnected
    using blockchain. It can make things more
    convenient.

5
Advantages of Smart Contract
  • Simple and well-organized
  • Autonomy customizable
  • Highly secured trusted deal
  • Transparent network
  • Timestamp functionality
  • Cost-efficient
  • Accurate and reliable source of contract
  • These advantages satisfy your requirements
    effectively.

6
Services
  • Smart contract applications varies from service
    to service, it ranges from
  • ICO services
  • Token sales
  • Transaction
  • DApp development

7
Applications of Smart Contract
  • Financial institutions
  • Insurance sector
  • Supply chain management
  • Mortar/property sector
  • Transportation/shipping segment

8
Smart Contract in future!
  • With the implementation of smart contracts in the
    real world, there is no need for any
    intermediaries. Security matters the most, it is
    strictly followed in the blockchain. The world is
    digitizing, integrating these special features
    into the real-life make things simple and
    accurate. So, the smart contracts are going to
    have its impact on the future as well as the
    present time. Technology is going to push the
    limits and sooner or later the impact is going to
    see on the current system.

9
Get in touch with us
  • Check out Smart Contract A beginners guide
  • https//www.epixelmlmsoftware.com/blogs/smart-cont
    ract-a-beginners-guide

10
Thank you..! Epixel MLM Software Cherish your
e-life!
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