Smart Contract – A beginner’s guide!

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SMART CONTRACT
A BEGINNERS GUIDE
By Epixel Solutions https//www.epixelmlmsoftware.
com
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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.

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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.

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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.

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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.

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Services

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

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Applications of Smart Contract

• Financial institutions
• Insurance sector
• Supply chain management
• Mortar/property sector
• Transportation/shipping segment

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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.

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Get in touch with us

• Check out Smart Contract A beginners guide
• https//www.epixelmlmsoftware.com/blogs/smart-cont
  ract-a-beginners-guide

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