Here's the most recent fintech, crypto and blockchain news from all around the globe:
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Here's the most recent fintech, crypto and blockchain news from all around the globe:
Cryptocurrency Hub online community appreciates and cherishes the time and effort its members invest communicating, interacting and contributing on its platform and as a token of appreciation and giving back to the community we came up with a a prize points system based on members activities in the community! Yaaaaayyyyyy ð
So that's how it will work:
Registered members earn points based on certain activities. Each activity has a number of points for each action taken. These points will be added for each member automatically.
Points will be calculated according to the below formula (subject to change upon the discretion of the admins):
ACTION | POINTS |
---|---|
New Visit | |
Follow Content | |
Follow Member | |
Post Blog Post | |
Post Topic | |
Post Event | |
Post Survey | |
Post Resource | |
Post Comment/Reply | |
Post Chat Message | |
Vote on Survey | |
RSVP To Calendar Event | |
Purchase Premium Membership | |
React To Post | |
Author Has Content Featured | |
Author Has Post Reacted To By Someone | |
Author's Content Receives New Follower | |
Share Content | |
Member Invitation Accepted |
Don't forget that you can invite new members to our community and help it grow while collecting points for each invited member! ðĪŠ
The regular crypto giveaway will be in the form of weekly Cardano (ADA) and monthly Ripple (XRP) prizes! ðð
Weekly Cardano (ADA) prizes (2 winners):
Every end of the week a First Prize will be given to 1 winner (1st highest number of activity points collected for the corresponding week): 30 ADA
Every end of the week a Second Prize will be given to 1 winner (2nd highest number of activity points collected for the corresponding week): 20 ADA
Monthly Ripple (XRP) prizes (1 winner):
Every end of month one Prize will be given to 1 winner (with the highest number of activity points collected for the corresponding month): 50 XRP
Members usernames will be of course announced in due dates and contacted to have their crypto prizes transferred to their wallets addresses.
Remember the more you are active and contributing to the growth of our online community the more points you earn and the more chances you get to win BIG with us! ððĪ
Good luck to everyone! ð
Smart order routing (SOR) automates trade execution by analyzing multiple venues to find the best prices. It addresses market fragmentation by connecting platforms, ensuring efficiency and effectiveness. By leveraging advanced algorithms, SOR ensures traders achieve cost-effective and precise execution in a fast-paced market environment.
When I first started trading, it felt like stepping into an unpredictable storm. I was drawn to the excitement of the markets, the allure of potential profits, and the idea that I could master the art of buying low and selling high. But I quickly discovered that trading wasnât as straightforward as I had imagined.My colleagues suggest a new idea smart order routing for future concepts.
Every trade seemed to come with its own set of complications. Iâd spend hours flipping between platforms, comparing prices, and trying to predict the best moments to execute orders. Even after all that effort, I often ended up paying more than I should have or missing out on profitable opportunities.
One incident stands out vividly. It was a Tuesday afternoon, and I had been tracking a particular stock for days. Finally, I noticed the price starting to dip at a perfect entry point. Panicked, I opened multiple tabs to find the best deal. But by the time I placed my order, the price had already rebounded, leaving me with a much smaller margin than Iâd hoped for. That day, I realized that my manual methods werenât just time-consuming; they were inefficient.
For weeks after that, I considered stepping back from trading altogether. The stress, the constant second-guessing, and the feeling of always being one step behind were taking their toll. Then, during a conversation with a more experienced trader, I heard about something called smart order routing.
I didnât understand much at first. The explanation was brief: an algorithm that automatically makes mistakes, choosing decisions better than I could?
But curiosity got the better of me. I decided to research more about it. The concept started to make sense: rather than manually comparing prices across exchanges, the system would do it for me in real-time. It wasnât about taking control away from me; it was about enhancing my ability to act quickly and decisively.
Setting up the smart order routing system was surprisingly straight forward. I connected my trading accounts, configured a few basic settings, and decided to test it with a modest trade. The stock I chose wasnât one I had deep confidence in; it was more of a trial run.
As I clicked to execute the trade, I braced myself for the usual delays and doubts. But instead of the familiar wait, the system responded almost instantly. It scanned multiple exchanges, selected the optimal price, and executed the trade in a matter of seconds.
I was stunned. The process was seamless, efficient, and far quicker than anything I could have managed manually. For the first time, I wasnât left wondering if I could have done better. The system had done the heavy lifting for me.
Over the next few weeks, I began to integrate smart order routing into my regular trading routine. The benefits went beyond just saving time. For one, it eliminated much of the stress Iâd previously felt. I no longer had to obsess over whether I was missing out on better prices elsewhere. The system took care of that for me.
What truly surprised me was the financial impact. I hadnât realized how much money I had been losing due to small inefficiencies in my tradesâslightly higher fees here, a less than optimal price there. With smart order routing, those losses were minimized. It wasnât about making me a millionaire overnight; it was about maximizing the value of every trade I made.
There was also an unexpected side effect: I became a better trader. By freeing up the time and mental energy I had once spent on manual tasks, I could focus more on analyzing market trends, researching companies, and refining my overall strategy. Trading felt less like a chore and more like a craft I could enjoy and improve upon.
Of course, adapting to this new way of trading wasnât without its challenges. I had spent years developing a hands-on approach, and letting go of that control felt unnatural at first. There were moments when I doubted the system, moments when I wanted to jump in and override its decisions.
But every time I double-checked its performance, I found that it had made the right call. Whether it was choosing the exchange with the lowest fees or executing a trade faster than I ever could, the system consistently outperformed my manual efforts.
One day, during a particularly volatile trading session, I decided to test the systemâs capabilities. I placed a series of rapid trades, something I would never have attempted on my own. To my amazement, the system handled each one flawlessly, adapting to the shifting market conditions with ease. That experience solidified my trust in the technology.
Looking back, I canât believe how hesitant I was to embrace smart order routing. Itâs not just a tool; itâs a game-changer. It didnât make trading effortless, but it removed many of the unnecessary hurdles I had been tripping over for years.
Today, I approach trading with a newfound sense of clarity and confidence. I still make mistakes, and the markets are as unpredictable as ever, but I no longer feel like Iâm fighting an uphill battle. The time and energy I save with smart order routing allow me to focus on what really matters: making informed, strategic decisions.
If I had to sum up my experience in one takeaway, itâs this: trading is as much about having the right mindset as it is about having the right tools. And sometimes, the best way to move forward is to let go of old habits and embrace new possibilities.
For anyone considering smart order routing, my advice is simple: give it a try. You might be surprised by just how much of a difference it can make. After all, trading isnât about doing everything yourself - itâs about doing things smarter.
A Smart Contract Development Company specializes in creating secure, self-executing, and transparent digital contracts powered by blockchain technology. These companies design and develop smart contracts tailored to automate processes, enforce agreements, and eliminate the need for intermediaries across industries like finance, supply chain, real estate, and healthcare.
With expertise in platforms like Ethereum, Binance Smart Chain, and Hyperledger, they offer custom smart contract solutions with features such as error-free coding, audit services, and multi-platform compatibility. By ensuring scalability, accuracy, and security, a Smart Contract Development Company empowers businesses to streamline operations, reduce costs, and enhance trust in transactions.
Raininfotech is a leading Smart Contract Development Company, specializing in creating secure, efficient, and customizable smart contracts on blockchain platforms. Our expert team ensures seamless automation of business processes, reducing costs and enhancing trust through decentralized applications. Whether you need smart contracts for NFTs, DeFi, or any blockchain-based solution, we deliver innovative, scalable, and robust contracts that align with your business goals.
Introduction to Kane County Arrest Records
Arrest records are public documents that contain detailed information about an individualâs interactions with law enforcement. These records include the circumstances of the arrest, charges, and sometimes even the outcome of the case. In Kane County, Illinois, like in other counties, arrest records are maintained by local law enforcement agencies and are accessible to the public.
If you are interested in conducting an Aurora Arrest Search or searching for arrest records in Kane County, this guide will walk you through the process. We will cover what these records entail, how to search for them, and useful tips for finding accurate and up-to-date information.
Understanding Kane County Arrest Records
Kane County arrest records are documents that detail an individualâs arrest history within the county. These records typically include information such as:
These records serve various purposes, including legal background checks, employment screening, and research on criminal activity within the county.
How to Access Arrest Records in Kane County, Illinois
In Kane County, arrest records are publicly accessible, but how you access them depends on the specific law enforcement agency that holds the records. The following steps outline how to obtain arrest records in the county:
Visit the Kane County Sheriff's Office Website
The Kane County Sheriff's Office provides access to arrest records through its online portal. The website contains links to search for inmate records, arrest reports, and more. By using this resource, you can access a broad range of arrest-related documents.
Use Online Databases
Online databases are an efficient way to search for arrest records across multiple counties. These databases collect information from various law enforcement agencies, making it easier for you to search for arrest records in Kane County and other areas of Illinois.
Submit a Public Records Request
If you cannot find the information you are looking for online, you can submit a public records request to the Kane County Sheriff's Office. Make sure to provide all necessary details, such as the individual's name, arrest date, and other relevant information to help staff locate the records.
Visit the Kane County Jail in Person
If you prefer to gather information in person, you can visit the Kane County Jail or the relevant law enforcement agency. You will need to bring proper identification and be prepared to pay any fees for accessing public records.
Using the Aurora Arrest Search for Specific Records
If you're specifically interested in searching for arrest records from Aurora, the largest city in Kane County, you can utilize the Aurora Arrest Search tool. This online search function provides access to local arrest records, inmate histories, and booking information. The tool is user-friendly and allows you to search by name, date of birth, or other personal details.
The Aurora Arrest Search tool can help you find detailed information about arrests in the city, including charges, arrest dates, and court details. This makes it a valuable resource for anyone needing to access arrest records for legal or personal reasons. Whether you're conducting a background check, verifying someoneâs criminal history, or researching crime in the area, this search tool will provide the data you need.
Types of Information Found in Kane County Arrest Records
When searching for Kane County arrest records, youâll likely encounter various types of information. Here are some of the key components found in these records:
Arresting Agency: This section lists the law enforcement agency that made the arrest, whether it be the Kane County Sheriff's Office, Aurora Police Department, or another agency within the county.
Charge Details: This includes the criminal charges brought against the individual. It may also specify whether the individual was arrested for a misdemeanor or felony.
Mugshots: In some cases, arrest records include the mugshot taken during the booking process. This photograph is used for identification purposes.
Booking and Release Information: The booking section includes the individualâs booking date and any release details, such as bail amounts or release on their own recognizance.
Court Information: In many arrest records, you will find information regarding court dates, hearings, and whether or not the individual was convicted.
Why Search Kane County Arrest Records?
There are several reasons why someone might search for arrest records in Kane County:
Background Checks: Employers and landlords may conduct background checks to assess an individualâs criminal history. Arrest records are often a part of these checks, particularly if the person has been arrested or incarcerated.
Legal Research: Attorneys and other legal professionals often look at arrest records to gather information for cases, investigations, or other legal matters.
Public Safety: Understanding the criminal history of individuals in your community helps ensure safety. Some people use arrest records to stay informed about individuals who have been arrested for serious crimes.
Personal Research: Some people want to look up arrest records for genealogical or personal research, especially if they are trying to track down information about family members or historical figures.
Using Online Resources for Quick Access
The internet has revolutionized the way people access public records, including arrest records. Online databases make it easier to search for and retrieve information from multiple counties, including Kane County. Using these databases, you can search for arrest records, inmate histories, and other public documents quickly and efficiently.
Third-party websites that aggregate arrest records from several sources can save you time when searching across jurisdictions. These websites are particularly useful when you need to search for arrest records across multiple counties, or when you're looking for a comprehensive view of someone's criminal history.
Tips for Conducting an Effective Arrest Search
To help you navigate your search for Kane County arrest records, here are some tips for obtaining accurate and timely information:
Have Specific Information Ready: When searching for arrest records, the more details you can provide, the better. Having the individualâs full name, date of birth, and any other identifying details will help narrow down the results.
Use Multiple Search Tools: If one online database doesnât yield results, try others. Multiple websites may have access to different sets of records, giving you a broader range of information.
Check for Updates Regularly: Arrest records are updated frequently, especially if the case is still ongoing. Make sure to check back for updated information as the legal process progresses.
Understand the Limitations: Remember, an arrest record does not always indicate guilt. Charges may be dropped, or an individual may be acquitted. Arrest records simply show that an individual was detained by law enforcement, not whether they were convicted.
Choosing the best blockchain software development company ensures secure, scalable, and innovative solutions tailored to your business needs. Experts in blockchain deliver services like smart contracts, dApps, and token development with precision. A reliable partner provides end-to-end support, including seamless integration, ensuring transparency and efficiency. With cutting-edge technology and experienced developers, the right company transforms your ideas into reality, helping you stay ahead in the competitive digital landscape.
Enhance your home's ambiance with decorative lighting that blends style and functionality. From modern wall lights to elegant table lamps, illuminate your spaces with designs that suit every decor. Perfect for living rooms, bedrooms, or dining areas, Decorative Lighting for Home adds warmth and charm. Explore a wide range of options online to find the best fit for your home. Brighten your living space with the perfect blend of light and decor!
Businesses are continuously negotiating a sea of problems in today's fast-paced environment. Finding the correct answers is like looking for a needle in a haystack, whether it's simplifying processes, increasing consumer involvement, or maintaining data security. Fortunately, modern technology is on hand to assist. Let's see how some typical issues may be addressed by these technological developments, thereby enabling your company to flourish.
Many companies need to improve their efficiency brought on by antiquated procedures and hand labor. Here, automation and artificial intelligence save the day. Imagine your staff is mired in mundane chores like scheduling or data entering. Robotic Process Automation (RPA) and other solutions help to automate these chores, therefore saving time and lowering mistakes. By analyzing trends and streamlining processes, artificial intelligence may also help your staff to concentrate on more critical, creative tasks.
Customer engagement has never been more critical, and advanced technology solutions play a significant role in this. AI-powered CRM systems provide deep insights into consumer behaviour, enabling tailored marketing that truly connects with your audience. Imagine a chatbot driven by artificial intelligence, available around the clock to handle problems and answer inquiries; this not only enhances client satisfaction but also frees up your staff for more complex interactions. With predictive analytics, part of these advanced technology solutions, you can even anticipate what your clients will require next, keeping you one step ahead.
Since we depend more on digital technologies, defending your company from cyberattacks becomes imperative. Advanced cybersecurity solutions are like constantly on-duty, high-tech security personnel. Often before they become major concerns, artificial intelligence, and machine learning can identify possible hazards in real time. End-to-end encryption and biometric authentication let you protect private information and guarantee that only authorized users will have access.
Particularly about team communication, the move to remote work presents unique difficulties. Fortunately, cloud-based technologies like Microsoft Teams and Google Workspace simplify the process of remaining in touch. From video conferences to real-time document collaboration, they provide everything your team needs to operate smoothly wherever. Furthermore, beginning to give even more realistic means of remote training and connection are developing technologies like VR and AR.
Though it's a treasure for companies, organizing data may be daunting. Now, enter Business Intelligence (BI) tools and Big Data analytics. These tools enable you to clearly and practically use complex data. Rather than sorting through mountains of data, you have simple dashboards and reports that will direct your actions. Predictive analytics enables you to predict future trends, thereby keeping you constantly prepared for what is ahead.
Scaling up as your company expands takes a lot of work. Modern technology streamlines and increases the efficiency of this procedure. Cloud computing provides adaptable resources that fit your demands, so you're not locked into paying for more capacity. Scalable ERP solutions simplify management and adaptation as you grow by bringing all your company operationsâincluding finance, HR, and supply chainâinto one integrated platform.
Advanced technologies solve actual issues and release your company's full potential. It's about more than just keeping current. From data security to work automation to improved customer contacts, the correct IT solutions may have a significant impact. Accepting these ideas not only solves current problems but also opens the path to success in the future. Explore the realm of modern technology, then see how it improves your company.
At Raininfotech, we specialize in delivering robust smart contract development services tailored to meet the unique needs of businesses across various industries. Our expert team leverages the power of blockchain technology to create secure, transparent, and self-executing contracts that eliminate the need for intermediaries, thereby reducing costs and enhancing efficiency.
Custom Smart Contract Development:
We design and develop customized smart contracts that align with your business objectives. Our solutions are built on leading blockchain platforms such as Ethereum, Binance Smart Chain, and Hyperledger, ensuring optimal performance and security.
Smart Contract Auditing:
Security is paramount in blockchain development. Our auditing services meticulously analyze your smart contracts for vulnerabilities and inefficiencies, providing you with a detailed report and recommendations for improvement.
Integration Services:
We offer seamless integration of smart contracts into your existing systems and applications. Our team ensures that the deployment process is smooth, allowing your business to harness the benefits of blockchain technology without disruption.
Tokenization Solutions:
Transform your assets into digital tokens with our tokenization services. Whether youâre looking to create utility tokens, security tokens, or non-fungible tokens (NFTs), we help you navigate the complexities of token development and compliance.
Decentralized Application (DApp) Development:
Our expertise extends to developing decentralized applications that utilize smart contracts to automate processes and enhance user experiences. We create DApps Development that are scalable, user-friendly, and secure.
Expertise: Our team consists of seasoned blockchain developers with extensive experience in smart contract development, ensuring your project is in capable hands.
Quality Assurance: We adhere to industry best practices and rigorous testing methodologies to deliver high-quality smart contracts that meet your specifications.
Client-Centric Approach: We prioritize our clientsâ needs, offering tailored solutions and ongoing support to ensure successful project outcomes.
Timely Delivery: We understand the importance of deadlines and work diligently to deliver projects on time without compromising quality.
Embrace the future of digital transactions with raininfotech as your trusted smart contract development partner. Whether you are a startup or an established enterprise, our innovative solutions will help you streamline operations, reduce costs, and unlock new opportunities in the blockchain space. Contact us today to learn how we can help you leverage smart contracts to drive your business forward.
AOEWIN is a fantastic platform that delivers an engaging and dynamic gaming experience for players of all interests. From its wide range of games to its user-friendly interface and rewarding promotions, AOEWIN provides a well-rounded and exciting platform for entertainment. Hereâs why AOEWIN is a top choice for gamers looking for quality and fun.
Diverse Game Selection
One of AOEWINâs key strengths is its diverse collection of games. Whether you enjoy fast-paced arcade games, sports-themed challenges, or strategy-based experiences, AOEWIN has something for everyone. The platform regularly updates its game library, ensuring that players always have new and exciting content to explore. This variety keeps the gaming experience fresh and enjoyable for all players.
Smooth and User-Friendly Interface
AOEWIN is designed with ease of use in mind, making it a breeze to navigate for both new and experienced players. Whether youâre using a desktop or mobile device, the platform ensures smooth gameplay and quick access to your favorite games. The intuitive interface allows you to easily switch between games, participate in promotions, and manage your account without hassle.
Exciting Promotions and Rewards
AOEWIN offers frequent promotions and rewards that give players more value. These bonuses, seasonal events, and special promotions offer extra benefits, making the platform even more enjoyable. By taking part in these offers, players can enhance their gameplay experience with additional rewards and perks.
Secure and Reliable Platform
AOEWIN prioritizes player security, using advanced encryption and data protection measures. This ensures that your information and transactions are safe, allowing you to focus on enjoying the platform without concerns.
With its diverse game selection, user-friendly design, exciting promotions, and strong security, AOEWIN stands out as an excellent platform for gaming enthusiasts. Explore AOEWIN today and experience all it has to offer!
Dive into the world of Netizens Report, where digital enthusiasts and tech-savvy individuals gather to explore the latest in online trends, cybersecurity, and internet culture. This forum is the perfect place to discuss the siteâs comprehensive reports, share your thoughts on emerging digital threats, and exchange insights on the ever-evolving landscape of the internet. Join us to stay informed, connect with like-minded individuals, and contribute to the conversation on the future of digital interactions.
[url=https://netizensreport.com/[/]Visit here[/url]
Automating Trust in a Digital World!
Imagine youâre making a deal with a friend, like agreeing to trade a rare comic book for a video game. You both trust each other, but you want to make sure everything goes smoothly without any misunderstandings. Now, imagine if this deal could automatically happen as soon as both of you agree, with no room for mistakes or disagreements. Thatâs what a smart contract does in the digital world!
A smart contract is a code-written digital agreement between two or more parties. Instead of being on paper, itâs stored on a blockchainâa secure, transparent, and decentralized network. Once the terms of the contract are met, the smart contract automatically executes the agreed actions, such as transferring tokens or providing access to a digital service. Itâs like having a self-operating vending machine: you put in the right amount of money (or fulfill the contract terms), and you get your snack (or in this case, tokens) without any middleman.
Now, why is this important in token development? When you create a token with the help of a Token development company, youâre essentially creating a digital asset that people can own, trade, or use within a specific platform. These transactions are made trustworthy and dependable via smart contracts. For example, if youâre launching a new cryptocurrency, a smart contract can handle how tokens are distributed to investors, how rewards are paid out, or even how governance decisions are made within a decentralized organization.
The beauty of smart contracts lies in their automation and security. They reduce the need for intermediaries like banks or lawyers, which can save time and costs. Plus, because they run on blockchain, the contract terms are transparent and cannot be altered once theyâre set. This means everyone involved can trust that the contract will do exactly what itâs supposed to do, with no surprises.
In the world of token development, smart contracts are the foundation that makes everything possible. They provide automation, transparency, and fairness much like the game's rules. Whether youâre building the next big cryptocurrency or creating tokens through crypto token development services for a new digital service, smart contracts are the key to making it all work seamlessly.
234win offers an exhilarating online slot experience that attracts players with its vibrant themes, engaging gameplay, and potential for big wins. The platform features a diverse range of slot games, each designed with unique graphics and sound effects that create an immersive atmosphere. Players can explore a variety of themes, from ancient civilizations and mythical creatures to modern pop culture and adventure-filled escapades. This extensive selection ensures that players can always find a game that captures their imagination and keeps them entertained.
The appeal of 234win's online slots extends beyond their visual and auditory appeal. The platform also offers various game mechanics and features that enhance the gaming experience. Players can enjoy different types of slots, including classic three-reel games and more complex video slots with multiple paylines and bonus rounds. These games often include exciting features such as free spins, multipliers, and wild symbols, which can significantly increase the chances of winning. By offering a wide array of options, 234win caters to players of all preferences and skill levels, making it a popular choice among online gaming enthusiasts.
To maximize their success in 234win's online slots, players can employ several winning strategies. One effective approach is to familiarize oneself with the rules and paytables of each game, understanding the value of different symbols and how bonus features work. This knowledge can help players make informed decisions about which games to play and how to place their bets. Additionally, managing one's bankroll effectively is crucial for long-term success. Players should set a budget and stick to it, avoiding the temptation to chase losses. Finally, taking advantage of any promotions or bonuses offered by 234win can provide extra opportunities to play and win without risking additional funds. By combining these strategies with a bit of luck, players can enhance their chances of hitting those coveted jackpots and enjoying a rewarding gaming experience.
OKJL has swiftly become one of the most popular online gaming platforms, capturing the attention and admiration of players worldwide. Its rapid rise to fame can be attributed to a combination of user-friendly design, diverse game selection, and exceptional player support, making it a top choice for gaming enthusiasts.
Platform Popularity and Features
OKJLâs popularity is largely due to its expansive and varied game library that caters to a wide range of player preferences. Whether you enjoy strategic card games, immersive slot games, or live dealer experiences, OKJL has something to offer. The platform continually updates its game selection, ensuring that players always have access to the latest and most exciting titles. This commitment to variety and quality keeps players engaged and coming back for more.
The user interface of OKJL is another factor contributing to its popularity. Designed with the player in mind, the platform is intuitive and easy to navigate. Even new players can quickly find their way around and start enjoying their favorite games without any hassle. The clean, modern design, coupled with fast load times and seamless gameplay, provides a superior user experience that sets OKJL apart from its competitors.
Exceptional Player Support and Security
Another aspect that has significantly boosted OKJLâs popularity is its commitment to player support and security. The platform offers 24/7 customer service, ensuring that players receive prompt and professional assistance whenever they need it. Whether itâs troubleshooting technical issues, understanding game rules, or managing accounts, the support team is always ready to help. This high level of customer service fosters trust and loyalty among players.
Security is a top priority for OKJL, and the platform employs advanced encryption technologies to protect players' personal and financial information. This dedication to security ensures a safe and secure gaming environment, allowing players to focus on enjoying their gaming experience without any worries.
Conclusion
OKJLâs popularity as an online gaming platform is well-deserved, thanks to its diverse game offerings, user-friendly design, and exceptional player support. By continuously enhancing its features and maintaining a strong focus on player satisfaction and security, OKJL has solidified its position as a leading choice for online gaming enthusiasts. Whether youâre a seasoned player or new to the world of online gaming, OKJL offers an engaging, secure, and enjoyable experience that keeps players coming back for more.
As a reliable mobile app development company in Chennai, Pyramidions delivers high-performance mobile apps that meet your business requirements. Our solutions are designed to be scalable, secure, and user-friendly, ensuring a seamless experience for your users. We take pride in our commitment to quality and customer satisfaction, working tirelessly to develop apps that not only meet but exceed your expectations.
At LBM Solutions, our smart contract development company is at the forefront of blockchain innovation. We tailor secure, scalable smart contracts that integrate seamlessly into diverse business models. With a focus on precision and reliability, our team delivers solutions designed to optimize operational efficiency and ensure transactional security. By partnering with us, you leverage cutting-edge technology to propel your business into the future of decentralized applications.
Explore the transformative potential of smart contracts with our smart contract development company. We leverage advanced blockchain technology to create secure, autonomous contracts that enhance industry transparency and efficiency. Our tailored solutions empower businesses to streamline operations, reduce disputes, and foster trust among stakeholders, paving the way for a more connected and automated future. Embrace innovation and unlock new opportunities with our cutting-edge approach.
Smart contracts are revolutionizing the digital economy by automating transactions and enhancing transparency. At our smart contract development company, we harness this technology to facilitate innovation and efficiency for businesses across various sectors. By implementing smart contracts, companies can streamline operations, reduce costs, and unlock new growth opportunities. This transformative tool is not just a trend; it's a cornerstone for future economic models in the digital age.
Unlock the potential of blockchain technology with our smart contract development company, dedicated to crafting secure and efficient digital contracts. By leveraging cutting-edge solutions, we ensure your business stays ahead in a rapidly evolving digital landscape. Our expert team specializes in customizable smart contracts that automate transactions, reduce costs, and increase transparency, making your business operations seamless and future-proof. Partner with us to harness the power of blockchain and drive innovation.
Discover how smart contracts are revolutionizing global business processes. Our smart contract development company offers cutting-edge solutions that streamline operations, enhance transparency, and ensure security across international transactions. By leveraging blockchain technology, we help businesses achieve unprecedented efficiency and trust in their contractual dealings. Learn how your company can benefit from our innovative smart contract services to gain a competitive edge in today's digital economy.
Discover how our smart contract development company can transform your business operations. By integrating smart contracts, you enable automated, transparent, and secure transactions that reduce operational costs and enhance efficiency. Whether in finance, supply chain, or customer service, our tailored solutions ensure that your business not only meets the digital age demands but thrives in them. Embrace innovation and revolutionize your operations with us.
After the appearance of blockchain technology, varied industries have gained advantages through it and also the crypto business is additionally one of them. Over the past few years, the crypto business is revolutionizing the finance world by introducing varied new ideas. Among them, the popular plan of raising funds is understood as crypto crowdfunding.
Features of Developing ERC20 Tokens
Smart Contracts
ERC20 tokens are developed with smart contracts on the Ethereum blockchain. These smart contracts make sure the security level of ERC20 tokens is solid. Smart contracts are also responsible for conducting transactions, transfer tokens, confirming costs, and tracking account balances.
Cost-effective and Easy creation
Since ERC20 is decentralized, the transaction happens peer-to-peer and is cost-effective.
Minting ERC20 Tokens
Mintable ERC20 tokens are handy as new tokens can be minted at any time without limits. The minting is a feature that can be added while designing the token. You can inform the ERC20 token development company that provides you the token development services to add this feature.
How to create ERC20 tokens?
Anyone with coding skills can develop ERC20 tokens. But it poses a high risk. So it is recommended to find an elite Ethereum Token Development Company to help with your token creation.
Contact us via
Whatsapp: +91 9360780106
Email: sales@cryptocurrencyscript.com
Telegram: Zodeak Technology
Smart contract security is paramount for any blockchain application. Our smart contract development company ensures robust, hack-proof contracts by implementing cutting-edge security protocols and thorough testing methods. This guide dives deep into the strategies and best practices to secure smart contracts against vulnerabilities, offering insights into encryption, audit trails, and risk management. With our expertise, businesses can leverage the full potential of smart contracts, guaranteeing integrity and trust in their blockchain operations.
Smart contracts on the blockchain are self-executing contracts with the terms of the agreement directly written into code. Stored on a blockchain, they automatically execute transactions when predefined conditions are met, ensuring trust and transparency without the need for intermediaries. Our smart contract development company specializes in creating secure, efficient smart contracts, enabling businesses to automate processes, reduce costs, and enhance reliability in their blockchain initiatives.
Get started on a journey of innovation by mastering the art of smart contract development. Explore the intricate world of crafting smart contracts that reshape industries and unlock new possibilities. At our company specializing in smart contract development company, we stand ready to guide you through this transformative process. Discover the power of decentralized systems and learn how to shape the future with groundbreaking solutions. Join us and unlock the potential of blockchain technology.
As a leading smart contract development company, we specialize in creating secure, efficient, and scalable smart contracts. Our team is dedicated to empowering your business to thrive in the blockchain ecosystem. With a focus on innovation and precision, we ensure the success of your projects, driving growth and transforming industries. Partner with our smart contract development company to harness the power of blockchain and build a smarter, interconnected future together.
In the domain of blockchain innovation, smart contracts have arisen as an earth shattering development with the possibility to change different businesses. These self-executing contracts, encoded with predefined rules and conditions, robotize cycles and exchanges without the requirement for go-betweens. As organizations look for proficiency, straightforwardness, and security in their tasks, Smart Contract Development Services have become imperative apparatuses for opening the maximum capacity of blockchain innovation.
Understanding Smart Contracts
At it's center, a smart contract is a PC convention intended to carefully work with, check, or uphold the exchange or execution of an agreement, killing the requirement for middle people. These agreements are based on blockchain stages like Ethereum, which give a decentralized and changeless record for recording exchanges. smart contract work in light of predefined rules settled upon by the gatherings in question. When these circumstances are met, the agreement naturally executes the terms without requiring human intercession. This automation streamlines processes, decreases the bet of goofs, and overhauls the overall capability of trades
Advantages of Smart Contract Development Services
Smart contracts robotize different cycles, disposing of the requirement for manual mediation and diminishing the time and assets expected to execute exchanges. This effectiveness converts into cost investment funds and quicker times required to circle back for organizations.
Blockchain innovation gives a straightforward and unchanging record of exchanges. Smart contracts, being executed on blockchain networks, acquire these properties, guaranteeing that all gatherings approach the very data and that records can't be messed with or modified retroactively.
The cryptographic idea of blockchain innovation guarantees that smart contracts are exceptionally secure. Once sent on the blockchain, they are impervious to hacking and extortion, giving a degree of trust and unwavering quality that conventional agreements can't coordinate.
By disposing of delegates and robotizing processes, smart contracts fundamentally decrease exchange costs related with customary agreement execution. Organizations can save money on overheads, regulatory costs, and outsider expenses, making Smart Contract Development Services a cost-effective solution.
Smart contracts can integrate administrative prerequisites and consistency guidelines into their code, guaranteeing that exchanges comply with lawful systems consequently. This smoothes out consistent processes, lessens the gamble of resistance, and upgrades administrative oversight.
Industries Leveraging Smart Contract Development Services
Smart contracts are reforming the monetary area by empowering programmable cash, robotized loaning, decentralized trades, and that's only the tip of the iceberg. Banking foundations are investigating the utilization of Smart contracts for quicker and safer exchanges, smoothed out advance handling, and worked on administrative consistency.
In the production network the executives, smart contracts upgrade straightforwardness, detectability, and effectiveness via computerizing acquisition, stock administration, and operations processes. By recording each exchange on the blockchain, smart contracts empower continuous following of products and materials, lessening the gamble of misrepresentation and forging.
Smart contracts are reshaping the land business by working on property exchanges, mechanizing title moves, and empowering partial possession. These agreements wipe out the requirement for middle people, for example, merchants and attorneys, decreasing exchange expenses and accelerating the end cycle.
In medical services, smart contracts work with secure and straightforward sharing of patient information, computerize protection claims handling, and guarantee adherence to administrative principles like HIPAA. By utilizing blockchain innovation, medical services suppliers can further develop information interoperability, patient protection, and functional effectiveness.
Choosing the Right Smart Contract Development Partner
While leaving on a smart contract development venture, picking the right improvement accomplice is vital. Search for a respectable organization with skill in blockchain innovation, smart contract development, and industry-explicit applications. Consider factors, for example, experience, specialized capability, security rehearses, and the capacity to convey versatile and dependable arrangements.
Conclusion
smart contract development company is enabling organizations across ventures to smooth out processes, upgrade straightforwardness, and open new doors for development. By utilizing the force of blockchain innovation, associations can robotize exchanges, diminish costs, relieve dangers, and encourage trust in their tasks. As the reception of smart contracts keeps on developing, organizations that embrace this extraordinary innovation will acquire an upper hand in the computerized economy representing things to come.
The internet has experienced significant changes throughout the years in the ever-changing field of technology. From the early days of static online sites to the dynamic and interactive online 2.0, and now that Web 3.0 is on the horizon, we are poised for yet another paradigm shift. This new era of the internet offers more user control, more security, and decentralization. Web 3.0 development firms are essential to the Web3 ecosystem's ability to realize creative ideas during this transition.
But what exactly does it mean for a development firm to operate on Web 3.0? How do they implement your ideas in this decentralized and blockchain-powered environment?
Let's delve into the nuances of Web 3.0 development and explore how these companies are turning ideas into reality.
Web 3.0 will bring power among people as opposed to decentralization or centralized authorities. In this paradigm, trustless transactions, immutable records, and smart contracts are made possible by blockchain technology. Knowing the basics of blockchain and decentralization is crucial for a Web 3.0 development company.
Web 3.0 development companies use the spread of decentralized technologies in their work to provide creative solutions. Decentralized file systems like IPFS (InterPlanetary File System) and blockchain platforms like Ethereum, Polkadot, and Solana fall under this category. By using these technologies, they guarantee robustness, security, and transparency in their applications.
Decentralized applications (DApps) are at the forefront of Web 3.0 development. These applications run on blockchain networks, providing various functions without relying on a central authority. Web 3.0 development companies specialize in building DApps as per their client's needs, be it a decentralized finance (DeFi) platform, a non-fungible token (NFT) market or a decentralized social network. Smart contracts, self-executing agreements with terms of agreement written directly in code, form the backbone of many DApps, automating processes and ensuring trustless interactions.
Users now have more control over their digital identities and data privacy in the Internet 3.0 environment. Identity and privacy solutions are given top priority by Web 3.0 development companies when integrating them into their applications. It leverages decentralized identity protocols such as verifiable credentials and DIT (Distributed Identifiers) for users to securely manage their identities across multiple platforms.
In the Web 3.0 arena, interoperability and scalability are critical issues. With multiple blockchain networks and protocols, the ecosystem requires smooth interoperability across multiple platforms. Scalable solutions are also required to handle the increasing number of users and transaction volume. Web 3.0 development companies use various strategies to overcome these obstacles and guarantee seamless operation of their applications, including Layer 2 solutions, sidechains, and cross-chain communication protocols.
In conclusion, a Web 3.0 development company is at the forefront of innovation, leveraging decentralized technologies to turn ideas into reality in the Web3 ecosystem. These businesses are laying the foundation for a more user-centric and decentralized Internet by embracing blockchain technology, creating decentralization, DApps, and smart contracts, integrating identity and privacy solutions, and solving interoperability and scalability issues. The importance of these development companies in defining the future of the Internet is increasing as we move down this revolutionary path toward Web 3.0.
Ready to take your digital deals to the next level? Trust us â we're the pros when it comes to smart contracts! We know all about smart contract development and making them work even better with optimization. Whether you need new contracts or want to improve the ones you've got, we've got you covered. Sit back, relax, and let's make your business run smoother than ever with our smart contract expertise!
Work with our smart contract development company to make your business smarter. Use smart contracts to improve your processes and transform transactions for safe, easy outcomes. Our modern technologies allow businesses to increase profitability, simplify operations, and confidently navigate the business world. Our team uses creativity and accuracy to make sure your company is at the top of technological innovation, taking on the dependability and efficiency that smart contracts provide to every transaction.
Are you ready to create a smart contract for making your business high grade? Plurance technologies, a reputed smart contract development company delivers high quality smart contract solutions for start-ups to enterprises. Our professionals are updated to world class technologies, including new innovations in blockchain technology. some of our technological stacks for smart contract are c++, java, golang, python, vyper, angular js, node js, react js, web3 js, mongoDB, metamask, coinbase, binance, trust wallet and more. To know more about smart contract Development reach Plurance.
Smart contracts are the solutions for enterprises looking for alternatives to traditional contracts. Smart contracts are agreements in computer programs that execute themselves automatically. Their ability to simplify business and trade between anonymous and identified parties without a middleman makes them popular. However, finding one of the right smart contract development companies takes time and effort.
For your convenience, we've thoroughly researched and curated a comprehensive list of the top smart contract companies on certain criteria. Explore the entire list in this article.
Before we outline all the top smart contract development companies, it is essential to understand how we came up with this list. We analyzed firms based on the following criteria:
Smart contract development requires knowledge and skills in blockchain technology and programming languages like Solidity. Our selection process involved a thorough analysis of smart contract development companies, assessing their proficiency through portfolio evaluation, experience across blockchain platforms, and comprehensive security knowledge.
Research and Development (R&D)
R&D enables businesses to identify the most appropriate for project execution. It enhances the cost-effectiveness, performance, and security of the overall project. Our selected smart contract development companies invest significant time and resources in understanding emerging technologies and trends in the smart contract space.
Post-launch Support
Timely upgrades and troubleshooting ensure that smart contracts remain efficient, secure, and compliant with emerging industry standards and trends. As such, we have chosen vendors who provide their customers with updates, maintenance, and post-launch support. This continuing collaboration exemplifies the dependability, reactivity, and flexibility of the business.
Suggested Read | Best Practices for Smart Contract Development
We have curated the following list of top 5 smart contract development companies:
Oodles Blockchain
Headquarters: Wyoming, USA
Oodles Blockchain showcases its unparalleled expertise in smart contract development through the successful completion of various smart contract projects. Their proven track record is a testament to their proficiency in delivering robust, secure, and innovative smart contract solutions tailored to diverse industry needs.
Oodles Blockchain offers custom smart contract development, deployment, and post-launch support at reasonable prices. Their dedicated R&D (research and development) department performs extensive research to create customized solutions that precisely match varied business needs.
Appinventiv
Headquarters: Manhattan, NY
With a track record of innovation, Appinventiv stands out for its robust smart contract development. From token wallets to payment platforms, it offers custom smart contract solutions for diverse cases. The company has a client-focused approach that enables it to build scalable smart contracts that drive digital transformation.
Appinventiv brings a multitude of advantages to the table in its smart contract development services, including certified expertise and compliance-assured products.
Antier
Headquarters: California, USA
A leader in blockchain technology, Antier excels in crafting smart contracts that optimize operations. Its smart contract solutions ensure transparency and trust across decentralized systems. The firm creates a coherent roadmap to ensure smooth and accelerated development and deployment.
Furthermore, Antier Solutions offers complete support, including post-delivery services, after smart contract development.
Kellton
Headquarters: New Jersey, USA
Kellton offers end-to-end customized software solutions for smart contracts. The smart contract development company focuses on delivering quality solutions. Its smart contract-related services include design, development, audit, consulting, and optimization.
The firm offers an agile deployment approach to develop superior smart contract-based solutions. Kellton's experts navigate complex processes to deliver on time and within budget.
Headquarters: Kyiv, Ukraine
Blaize offers smart contract development services for diverse use cases, including DeFi (decentralized finance), trading bots, DEXs (decentralized exchanges), and more. Transparency, expertise, and creativity are the core values of Blaize. They enable the smart contract development firm to develop solutions that boost the efficiency, security, and service of their clients.
Check It Out | A Definitive Guide to Smart Contract Development Tools
In conclusion, these top five smart contract development companies stand out for their exceptional expertise, innovation, and commitment to excellence. Each company brings unique strengths to the table whether it's their technical prowess, track record of successful projects, or dedication to post-launch support.
Based on the specifications of your project, you can assess these industry leaders and take into account their extensive offerings. It will enable you to select the ideal partner for your smart contract solution with assurance.
If you are interested in developing a smart contract solution with Oodles, then connect with our smart contract developers today
Before diving right into hiring smart contract developers, if you want to ensure how to hire smart contract developers for your project that can make your project a success, you have landed on the blog post. Smart contract development services are used with blockchain technology to streamline and automate transaction negotiation and execution and develop decentralized applications (dApps), decentralized finance (DeFi), NFTs, and more.
Whatever the project, the abilities and knowledge of smart contract developers can, in part, guarantee its success.
In this article, we analyze and provide comprehensive guidance on the factors to take into account when hiring developers for smart contracts development.
Smart contracts are becoming more and more well-liked as a result of their adaptability and convenience.
Their algorithm â simply a series of if/then statements â seems incredibly simple, but when you stop to think about it, it can be applied to just about any sector, from trading and investment to healthcare, gaming, and real estate.
Workflow can be automated with these blockchain programs. And it goes without saying that you should embrace automation if you want to be up to date with modern consumer demands, technological breakthroughs, and business trends.
You must work with a smart contract developer for all of that to occur. Before choosing the best decision, a business needs to consider several variables, and we at Oodles are here to assist you. Weâve engaged a good number of developers and researched the market extensively for you.
Also, Read | A Definitive Guide to Understanding Cardano Smart Contracts
There is a significant deal of skill testing done before recruiting a fantastic team of smart contract developers. As we evaluate candidates ourselves at Oodles, we are aware of this. We want to meet your high standards at the same level as your expectations. These are the capabilities that our development business provides:
Solidity
It is a programming language created by the Ethereum Network particularly for writing and running smart contracts. The capacity to construct smart contracts should be based on this core skill.
EVM, or Ethereum Virtual Machine
The program is in charge of putting smart contracts based on the Ethereum Network into action. After a new block is added to the chain, it audits the state of the network as well.
dApp
The development of decentralized apps is known as dApp (hence the name). Because the backend code is located on a P2P network that is likewise decentralized, it differs from traditional app development.
Also, Read | A Guide to Ensuring Smart Contract Security
Consensus Protocols
One of the computer science techniques in a blockchain is this one, which establishes credibility in a network with lots of users and nodes.
Chaincode
Chaincode manages the business operations between participants rather than a human, much like a smart contract. One needs to be an expert in Go, mode.js, and/or Java to create such an application.
Technical skill evaluation
You should research the skills a smart contract developer possesses before hiring them. How will you construct your task? Here are some of the key qualities a CEO or director should look for in a smart contract developer.
In addition to the technical abilities mentioned above, employing smart contract developers with a solid understanding of javascript and the web3 library is essential. They are also properly knowledgeable about hoisting and DOM control. Scopes and functions in JS are among the others. Prototypal inheritance is another.
The development of smart contracts and their application require a wide range of additional expertise. It is important to ensure that developers chosen for smart contract projects have knowledge of a wide range of subjects, including NFT, fungible tokens, ICOs, API integration, transactional technologies, and smart contracts.
Also, Read | Analyzing Solidity and Vyper for Smart Contracts Programming
In the modern world, outsourcing is growing in popularity, particularly in the blockchain sector. Instead of expanding their core workforce, businesses simply acquire the services they require from outsourcing providers. It saves costs while enabling them to receive top-notch assistance in problem resolution.
Employing a smart contract development company as opposed to independent contractors, in-house workers, or freelance developers may have the following advantages:
Expertise
The majority of smart contract development companies employ a team of seasoned developers with a diverse set of abilities. If you need specific expertise or have a challenging project that calls on a variety of talents, this can be quite helpful.
Quality Control
A development agency could have procedures in place for quality control to guarantee that the work they do is of high quality. It boosts confidence that the project will be completed as per timelines as well.
Speed
Because they have access to a wider pool of resources, an agency might be able to finish a project more quickly than a single freelancer or internal team.
Flexibility
Depending on the demands of your project, an agency may be able to scale up or down more easily than in-house workers.
Also, Read | A Definitive List of Top Smart Contract Platforms
A development organisation might have more tools and resources available to it than an individual freelancer or internal team for complicated tasks.
Additionally, there may be disadvantages to take into account, such as the expense of employing an agency and the potential for having less control over the project than working with in-house workers.
The optimal strategy for your business will ultimately depend on your unique requirements and available resources.
There are three steps to the hiring process:
Then, all you have to do is work with professionals who will provide top-notch services. With Oodles, you can hire smart contract developers in 3 easy steps for a reasonable cost.
Smart contracts are powerful tools that can help businesses to automate their processes. However, smart contract development is only effective if these contracts are properly audited. Vulnerabilities in smart contracts can lead to substantial financial loss. So, there arises the need for rigorous code analysis tools. Code analysis is a thorough examination of a programâs source code to find bugs, security flaws, and other vulnerabilities. Analysts can either do this process manually or utilize tools.
This blog gives a comprehensive guide for code analysis tools for Solidity smart contracts â Code Analysis Tools for Solidity Smart Contracts
In the dynamic realm of blockchain, smart contracts play a pivotal role in executing decentralized applications and facilitating secure transactions. However, the intricacies of smart contract development demand a careful and strategic approach to ensure robust functionality and security. In this blog post, we delve into the best practices that can guide developers toward mastering the art of smart contract development.
To protect your smart contract from errors and vulnerabilities, you must put best practises into practise. The following practises' efficacy is greatly impacted by the developer's perspective and security approaches:
Before diving into code, a comprehensive understanding of the contractâs purpose, functionality, and potential risks is paramount. Careful planning and a well-thought-out design serve as the foundation for a successful smart contract.
Security is non-negotiable in the world of smart contracts. Follow established security best practices such as input validation, secure coding patterns, and regular security audits. Be aware of common vulnerabilities like reentrancy attacks, integer overflow/underflow, and ensure your code is resistant to known exploits.
Leverage established standards like ERC-20 and ERC-721 for tokens, and adhere to widely accepted conventions. This not only enhances interoperability but also makes it easier for other developers to understand and interact with your contracts.
Thorough testing in a range of situations is essential. Use testnets to deploy your contract in order to mimic real-world scenarios and find possible problems. Tools like Truffle, Hardhat, and frameworks like OpenZeppelin can assist in creating a robust testing environment.
Plan for the future by considering upgradeability and modularity. Smart contracts should be designed to accommodate future updates without compromising the integrity of the blockchain. Implementing proxy patterns and modular code structures can facilitate smoother upgrades.
Suggested Read | Adoption Value of Smart Contracts for Enterprises
Optimize gas usage to make transactions cost-effective. Smart contract deployment and execution can be made more cost-effective by utilising strategies like code consolidation, storage minimization, and gas-efficient algorithms.
Comprehensive documentation is essential for both current and future developers interacting with your smart contracts. Include details about the contractâs purpose, functions, events, and any potential pitfalls. Well-documented code fosters collaboration and eases maintenance.
Conduct thorough code reviews to catch potential vulnerabilities, ensure adherence to best practices, and promote knowledge sharing within the development team. A vital component of keeping high-caliber smart contracts is peer evaluations.
Implement robust monitoring and analytics to keep track of your smart contractâs performance and user interactions. Services like Etherscan and Blockchain Explorers can provide valuable insights into the contractâs behavior on the blockchain.
Consider the implications of immutability in your smart contracts. While it enhances security by preventing unauthorized modifications, itâs essential to plan for potential upgrades or bug fixes. Design contracts with upgradeability in mind or communicate clearly if they are intended to be immutable.
Also, Discover | A Guide to Ensuring Smart Contract Security
In the ever-evolving landscape of blockchain technology, mastering smart contract development requires a commitment to excellence and a proactive approach to security and best practices. Developers can create reliable and secure decentralised applications by following these principles and confidently navigating the complexity of smart contract development.
Adhering to best practices in general, documentation, security tools, and token implementation is vital for successful smart contract development. Yet, itâs important to recognize that creating and maintaining smart contracts demands significant effort, precision, and expert oversight. Partnering with a smart contract development company like Oodles can provide valuable assistance in navigating the complexities of smart contract development. Connect with our smart contract developers to get started.
If youâve been following the evolution of the infrastructure enabling smart contract development and blockchains, the term âblockchain oraclesâ might seem familiar. In its data-rich environment, the blockchain sector is developing. Any external data must be manually added to a blockchain; it cannot simply âcommunicateâ with it. This needs a lot of labour and can contain bias or mistakes. Oracles, on the other hand, allow blockchains to interact in real time with everyday objects such as smart devices and other digital information.
Blockchain Oracles are similar to a third-party service provider. They link third-party applications and services to the blockchain and supply external data to smart contracts. Smart contracts and blockchains are isolated from the real world by purpose. To put it more technically, they are not intended to interact with off-chain information (not on the network).
A crucial connection between the blockchain and the off-chain and on-chain data they enable is made possible by blockchain oracles.
The accessibility of off-chain data increases the usefulness of smart contracts. It expands the possible applications for smart contracts.
Smart contracts would be less useful if there were no blockchain oracles because they couldnât connect with data from sources outside the network.
As a solution layer, a blockchain oracle checks, investigates, and queries data sources that are not connected to the blockchain. As soon as processing is finished, the results are provided.
The data provided by the blockchain oracle might also be anything of value. For instance, a healthcare system could employ oracles to ask about insurance information. On the other hand, the food industry will look to oracles to communicate information about the chain of manufacturing and distribution of food goods.
Also, Discover | Blockchain Bridges | Enabling Cross-Chain Interoperability
Decentralized oracles supply smart contracts with information, which is more reliable than information provided by centralized oracles since it does not rely on a single source of truth. These oracles have the same objectives as open blockchains. Even though they aim for a trustless system, they disseminate trust across many people rather than eliminating it.
One party can only access this specific kind of oracle, which serves as the exclusive data source for smart contracts. However, reliance on a single data source is a concern because it leaves the smart contract open to manipulation.
You may also like to explore | A Definitive Guide to Smart Contract Development Tools
Because blockchains lack a natural way to access data outside of the chains themselves, the oracle is particularly crucial for decentralized finance (DeFi) applications. Despite this, oracles are beneficial for almost all businesses since they gather, organize, and securely authenticate information without compromise.
Oracles enhance security for NFTs and GameFi. They ensure privacy for healthcare data and improve supply chain efficiency. Oracles can also validate product sustainability. These are just a few examples of how oracles can make society safer.
Oracles will be a crucial tool and a key indicator of Web3âs success when it comes to providing metaverse experiences as true to reality, as accurate as possible, and as complementary to our physical reality as feasible.
Oracles in the metaverse unlock tools for dApps like lotteries, loot boxes, randomized NFT projects, play-to-earn games, raffles, and more while acting as a reliable link between the physical and virtual worlds. It will be easier to develop more robust and equitable metaverse experiences across augmented reality, artificial intelligence, and NFTs if these services can be provided in a fully autonomous, trustless, decentralized manner.
Additionally, Web3 and the metaverse depend on cross-chain connectivity to function properly. Oracles will be required to connect the multi-chain ecosystem and allow seamless movement from metaverse application to application because so many applications are being developed with a variety of characteristics and requirements. This will result in a fully open and simple-to-navigate world.
Also, Check | Web3 App Development | Building a Decentralized Future
Blockchains need a dependable system to enable communication between smart contracts and the outside world. Blockchain oracles play a crucial role in this communication which is necessary for the blockchain ecosystem to grow. Decentralized oracles can create safety nets that reduce systemic risk. Therefore, blockchain oracles must be applied securely, dependably, and trustlessly as one of the fundamental building blocks.
If you have a project in mind related to smart contracts and want to get started it, you may also connect with our experienced smart contract developers.
The settlement or closing process in traditional real estate is a dynamic operation involving a great deal of time, energy, and attention. The land transfer process stayed the same for decades. However, smart contract Development with Blockchain for real estate offers real change and an efficient alternative to the settlement process.
The closing of real estate is the transition of a real-estate title from a seller to a buyer according to the selling contract. In the process, the buyer gets the property title and the seller gets the money. There are, however, various settlement prerequisites and expenses that make it more complicated than purchasing something at a supermarket. The sales contract itself accounts for both requirements and costs. Many real estate closings use an escrow agent's services, which acts as a third party that both the buyer and the seller must trust. An escrow manages the activities between a buyer and a seller through an agreement of sale and purchase. However, in typical contexts, this trust is always constrained and can be compromised. The cost of closing the mortgage varies from 3 percent to 6 percent.
Trustless automation with protection has tremendous potential to offer benefits like increased production, improved resource efficiency, and enhanced product and service offering. Most sectors have already reaped the benefits of automation, from e-commerce to electronics manufacturing. Yet the real estate industry has been an exception. Besides, the process of purchasing property is based on three factors, including paperwork (document signing), transfer of payment, and transfer of ownership.
Too many parties currently have to be involved in the property closing process and each of these parties uses their software.
Also, escrow companies help to build trust between traditional real estate transactions, but with a price. Also, they remain vulnerable to human actions (such as error and greed).
To simplify real-estate settlement without using an escrow, one single place is required where a buyer, a seller, agents, and a title company can meet. Therefore, a transaction needs a buyer and a seller to create and guarantee trust.
Also, read | Blockchain Smart Contracts in Real Estate: A Long-Awaited Breakthrough
Smart blockchain contracts have emerged as a challenge to the Escrow agencies' life. These are documents that are stored on the blockchain and translated into computer code. Smart contracts immediately execute a contract upon fulfillment of pre-defined terms, without having a middleman, leading to a quick settlement and closing. Once all parties sign the agreement digitally when carrying out their duties, a smart contract immediately releases the deed to the buyer and the money to the seller. Therefore, the escrow fees are practically removed.
It is not just a philosophical theory, though. The cycle of substituting Escrow businesses for smart contracts is well underway. The automation of acquisitions of property by settlement procedures is a fact that many successful cases back.
On the blockchain, we'll record and execute a real estate purchase. For example, Bob buys an apartment in his American home in Manchester, England, while he lives overseas. The property payment will happen with Ethereum's Ether ( ETH) and payable to a smart contract.
Bob signs a purchasing agreement, sends ETH to a particular address and awaits the seller to submit the final signed document with a notary. Then, the smart contract executes the rest of the transaction by giving the respective parties both the ETH and the deed. All this while blockchain records all aspects of the contract permanently. In the future, if any of the contracting parties make a claim, the data on the blockchain would be publicly available to come into use as proper evidence.
There was no escrow in place for the transaction in this case. Surely, finding a seller to agree to accept payment in crypto and process the transaction through a smart contract program can be very challenging. Nonetheless, this hypothetical use case shows to some degree that smart contracts are entirely capable of handling the intermediary position that Escrow companies undertake.
Also, read | Applications of Smart Contracts in Today's Businesses
Lately, using cryptocurrency has occurred to be the use case for property transactions. However, there are more secure alternatives that might attract more traditional real estate agencies.
The primary issue with executing any cryptocurrency transaction is the volatility issue. Bitcoin, Ethereum, and other top coins can easily change 15 percent in a single day. Many are uncomfortable taking chances on big transactions like real estate purchases. Smart contracts using fiat money are entirely feasible and gain popularity due to the relative fiat stability.
Imagine living in a society where purchasing real estate is instantaneous, easy, safe, and digital. Real estate professionals might take on more specialised employment opportunities by reducing resources by substituting computer protocols for laborious operations.
Automation is no longer impossible in the real estate transaction phase. It is a working concept in which companies like Oodles are working and constantly improving. We understand the technology's potential and therefore, create settlement protocols powered by smart contracts that can eventually achieve broad acceptance.
Our smart contract developers play a crucial role in ensuring secure and automated real estate transactions.
In the ever-evolving world of blockchain and cryptocurrencies, non-fungible tokens (NFTs) have taken the digital art and collectibles market by storm. Although NFTs are mainly thought of as a digital ownership and investment vehicle, NFT financing is a recent development in the market. This novel idea is becoming more and more popular, and it is changing our perception of NFTs and their possibilities. In this blog, explore how NFT lending, an emerging concept powered by NFT development services, is empowering the DeFi space.
Before diving into NFT lending, let's revisit what NFTs are and how they function. NFTs are unique digital assets that represent ownership or proof of authenticity of a particular item, whether it's digital art, virtual real estate, in-game items, or collectibles. NFTs are built on blockchain technology, which ensures their scarcity and immutability. Each NFT is associated with a specific smart contract, which records its ownership and provenance.
Also, Check | NFT-Based Loyalty Programs: Revamping Customer Engagement
The concept has emerged as a natural progression in the NFT space, driven by several factors:
While NFTs can be valuable, they are often illiquid. Owners may want to access liquidity without selling their prized digital possessions. NFT lending offers a solution by allowing owners to borrow against their NFTs.
NFT lending can be beneficial for artists and creators who want to monetize their NFT collections or individuals who need short-term financing.
Lenders can earn interest by lending their NFTs, making it an attractive option for those wishing to see their NFT investments grow.
Also, Explore | How AI Transforms the NFT Marketplace Space
NFT lending platforms facilitate the borrowing and lending of NFTs. Here's how it typically works:
Owners choose which NFTs they want to lend. These can include digital art, virtual property, or any other NFTs of value.
Borrowers offer collateral, usually in the form of another NFT or cryptocurrency, and agree to the terms of the loan, including interest rates and repayment periods.
Smart contract development governs the lending process, ensuring that NFT ownership is transferred to the lender temporarily, and the borrower receives the agreed-upon collateral.
Once the loan is repaid according to the terms, the NFT is returned to the borrower, and the lender receives the principal amount along with any interest.
You may also like | NFT Domains | Revolutionizing Ownership in the Digital Landscape
NFT lending brings forth several advantages:
Owners can access the value of their NFTs without selling them.
In order to expand their NFT portfolio, borrowers are able to utilise the NFTs they borrow to produce new artwork or collections.
Lenders can earn passive income by lending out their NFTs.
Borrowers can mitigate the risk of a sudden drop in NFT value by borrowing against their assets.
Also, Read | NFT Ticketing Marketplace | Unlocking the Future of Ticketing
Despite the enormous potential of NFT financing, it's critical to understand the difficulties and dangers associated with it:
NFT prices can be highly volatile, impacting the value of the collateral.
The regulatory environment for NFT lending is still evolving, making it essential to stay compliant with local laws.
As with any lending activity, there's a risk that borrowers may not repay their loans.
As the whole lending relies on smart contracts, vulnerabilities can be exploited, leading to potential losses. In this guide, find out how to avoid smart contract vulnerabilities.
NFT lending is an exciting development in the NFT space, offering a way to unlock the value of digital assets. Technology has the power to completely change the NFT market by improving these assets' usability and accessibility for a wider range of users as it develops and gains traction.
Whether you're an NFT owner looking to access liquidity or an investor seeking a new way to earn passive income, NFT lending is a concept worth watching. However, it's crucial to approach an experienced NFT development company with a clear understanding of the risks and opportunities and to stay updated on the evolving regulatory landscape. The world of blockchain and non-fungible tokens is ever-changing, and lending is yet another exciting chapter in this ongoing digital revolution.
Explore the essentials of web3 game development and the exciting opportunities it introduces to gaming using emerging technologies
In this article, we will delve into the world of web3 gaming, exploring the exciting capabilities it introduces to the realms of gaming using the potential of blockchain, smart contract development, and other emerging technologies.
The gaming business has experienced tremendous growth over the last ten years, becoming a massive sector valued at over $200 billion. Yet, this flourishing industry grapples with two enduring challenges:
For Developers: The traditional game development process demands the construction of intricate backend systems that often take years to complete. This complexity acts as a significant barrier for aspiring game creators.
For Players: Players are unable to obtain real returns on their time and financial efforts because in-game goods and assets are usually restricted to closed ecosystems.
Fortunately, there exists a solution to both of these challenges: web3 game development. This emerging paradigm is poised to revolutionize the entire gaming industry by offering players true ownership of in-game assets, creating fresh monetization avenues for game developers, and lowering the barriers to entry for those looking to bring their gaming ideas to life.
If youâre interested in Web3 game development and deployment, keep reading to learn moreâ Mastering Web3 Game Development
Smart contracts have become a fundamental building block of decentralized applications (DApps) on blockchain platforms like Ethereum. After smart contract development, rigorous testing is essential to ensure the security and reliability of these contracts. In this blog post, we will learn about the tools and how to test a smart contract.
Knowing the different testing methodologies, as well as the frameworks and tools used to test Ethereum smart contracts, is crucial before beginning any testing.
There are several types of testing for Solidity smart contracts, each serving a specific purpose:
Several tools and frameworks are available to help test Solidity smart contracts:
Suggested Post | Analyzing Solidity and Vyper for Smart Contracts Programming
In this part, weâll use the Hardhat environment to test an ERC20 smart contract. The test scenarios for a typical ERC20 smart contract are listed below:
The âbeforeEachâ function deploys a new smart contract in the test environment for every âitâ block in the test cases. Each âitâ block has a description that denotes the functionality that the block tests.
const { expect } = require('chai');
const { ethers } = require('hardhat');
describe('Token contract', function () {
let Token;
let token;
let owner;
let buyer; beforeEach(async function () {
Token = await ethers.getContractFactory('MyToken');
token = await Token.deploy(1000);
[owner, buyer] = await ethers.getSigners();
}); describe('Deployment', function () {
it('Should return the right owner as set during deployment', async function () {
expect(await token.balanceOf(owner.address)).to.equal(1000);
}); it('Should return the total supply as set during deployment', async function () {
expect(await token.totalSupply()).to.equal(1000);
});
}); describe('Transactions', function () {
it('Should transfer tokens between different accounts', async function () {
await token.transfer(buyer.address, 100);
expect(await token.balanceOf(owner.address)).to.equal(900);
expect(await token.balanceOf(buyer.address)).to.equal(100);
}); it('Should fail if sender doesnÃĒâŽâĒt have enough tokens for transfer', async function () {
const initialOwnerBalance = await token.balanceOf(owner.address); await expect(
token.transfer(buyer.address, 10000)
).to.be.revertedWithoutReason(); expect(await token.balanceOf(owner.address)).to.equal(initialOwnerBalance);
}); it('Should update allowance after approve', async function () {
await token.approve(buyer.address, 100);
expect(await token.allowance(owner.address, buyer.address)).to.equal(100);
}); it('Should transfer tokens from one account to another with allowance', async function () {
await token.approve(buyer.address, 100);
await token.transferFrom(owner.address, buyer.address, 100); expect(await token.balanceOf(owner.address)).to.equal(900);
expect(await token.balanceOf(buyer.address)).to.equal(100);
expect(await token.allowance(owner.address, buyer.address)).to.equal(0);
}); it('Should fail if sender doesnÃĒâŽâĒt have enough allowance', async function () {
await token.approve(buyer.address, 99); await expect(
token.transferFrom(owner.address, buyer.address, 100)
).to.be.revertedWith('ERC20: transfer amount exceeds allowance');
});
});
});
Also, Discover: A Definitive Guide to Smart Contract Development Tools
Oodles Blockchainâs smart contract engineers are proficient in a variety of programming languages, including Golang, Elixir, Solidity, and more. you can automate your business with our smart contract development services. Connect with our smart contract developers to discuss your project requirements.
Are you interested in learning how to deploy smart contracts on the NEAR platform? If yes, then you have landed in the right place! In this blog post, weâll discuss the process of smart contract development and deployment on the NEAR platform. Weâll explain smart contracts and provide step-by-step instructions for deploying a smart contract on the NEAR platform. By the end of this post, youâll have a better understanding of the process and be able to deploy your smart contracts on the NEAR platform with ease. So letâs get started!
Smart contracts are self-executing programs stored on a blockchain. They facilitate, verify, and enforce agreements between parties, making transactions more efficient, secure, and transparent. Smart contracts are versatile and can be used for financial transactions, dApps, and asset management. They automate agreements, making them legally binding and reducing transaction costs.
Smart contracts require trust since they are immutable and stored on a blockchain. Parties involved have confidence in proper execution. Smart contracts offer a secure way to conduct business without the risk of fraud.
A NEAR platform is a great option for developers who are looking to deploy and run smart contracts. It provides a powerful, secure, and reliable way to develop and deploy decentralized applications (dApps). The platform also offers a range of features that make it an attractive choice for developers, such as:
Overall, the NEAR platform offers developers a reliable, secure, and easy-to-use environment for deploying and running smart contracts. The platformâs scalability, flexibility, and security features make it an attractive choice for developers looking to develop dApps.
To deploy your contract, you will need to create an account on the NEAR blockchain through the official NEAR wallet or the command line. Once your account is created, you can use the NEAR CLI to deploy your smart contract.
You must supply the smart contract name, a function call, and the WASM file that results from compiling your code to the NEAR CLI. Once you have submitted this data, you can publish the contract to the blockchain.
Once the contract is deployed, it can be interacted with using the NEAR CLI or the NEAR API. Through either of these methods, you can call functions on the contract, send data to the contract, and view any logs that are generated when executing the contract.
Once your smart contracts have been deployed on the NEAR platform, the next step is to interact with them. This can be done by writing new contracts, calling existing contracts, and transferring tokens. In order to do this, you need to write code that interacts with the NEAR platformâs APIs. This code can be written in any language that has a supported library for the NEAR platform. You can also use existing tools such as React for interacting with the platform.
The NEAR platform offers several services and resources for developers to help them get started and stay up-to-date. These include tutorials, documentation, a forum, and technical support. With all of these resources, developers can easily find the information they need to build successful applications on the platform.
Finally, developers should take advantage of the NEAR platformâs testnets to test their applications before deploying them to the mainnet. It will help ensure their applications run smoothly and accurately when they are launched.
The NEAR platform facilitates developers' deployment and interaction with smart contracts by offering all of these features. By leveraging the platform's strengths, developers may quickly produce reliable apps and open up a wide range of opportunities.
Looking for smart contract development services? Look no further. Connect with our smart contract developer to get a comprehensive range of services.
Blockchain-based smart contract development is one of the most widely discussed and debated topics in the blockchain sector. As procedures become more digitized, itâs becoming more important to figure out how to build secure, digital business agreements. Compared to traditional contracts, which are oftentimes slow, complex, and expensive, smart contracts are a great option.
Smart contracts are becoming more popular due to their ease of usage. Thanks to the contributions of blockchain consortia such as Hyperledger, smart contracts are now available to optimize a variety of financial and commercial operations.
An explicit set of terms and conditions governing a self-executing and self-enforcing protocol is called a smart contract. Using blockchain technology, it maintains and executes contract terms.
To engage in a blockchain-based smart contract, the parties must first discuss and agree on the contract terms before memorializing (in part or entirely) the smart contract code recorded on the blockchain.
Signatories, subject, and particular terms are all crucial components of smart contracts. First, there are the signatories that are two or more parties who use the smart contract. They give their ultimate approval of the proposed terms via a digital signature. Second, the subject of the agreement remains limited solely to the smart contractâs surroundings.
Third, the smart contractâs precise terms. They must be stated in mathematical detail and implemented in a programming language compatible with a smart contractâs blockchain.
Also, Read | Binance Smart Chain (BSC) for Smart Contracts Development
The decentralized network known as blockchain is at the heart of these contracts. Smart contracts make use of blockchain technology to verify, validate, capture, and enforce conditions that have been agreed upon by many parties.
Anonymous participants can execute agreements and transactions using smart contracts on the blockchain without the assistance of a centralised organisation, outside enforcement, or judicial system. Transactions become traceable, irreversible, and transparent thanks to them.
Because all data remains on the blockchain in an immutable and secure manner, it proves ideal for contracts. The information recorded in the blocks of a smart contract is encrypted and exists on a ledger, which means that it can never be lost, amended, or destroyed.
Also, Read | A Compact Smart Contract Development Guide for Non-Experts
- Increased productivity and efficiency
- Transparency and accuracy
- Trust
- Security
Management of the supply chain
Supply chain management is one area where smart contracts could be beneficial. They can help smoothen the movement of commodities and restore trust in trade by making supply chains more transparent.
As goods move through the supply chain, they can record ownership rights, establishing who is liable for the product at any particular time. Until it reaches the consumer, anyone in the value chain can check a finished product at each stage of the delivery process.
Insurance
Smart contracts applications can revolutionize the insurance industry.
This industry currently lacks computerized administration. The processing and payment of an insurance claim can take months.
By automatically triggering a claim when certain conditions occur, they can simplify and streamline the process.
Blockchain technology may make specific information available to determine the precise amount of remuneration.
Financial Services
As money and related papers are becoming computerized, smart contracts on the blockchain find prominent use cases in the banking industry. Applications of emerging technology in the financial services sector include payment processing, trade finance, clearing and settlement of financial instruments, and regulatory technologies like faster "know your customer" certification.
Ethereum
The well-known worldwide blockchain platform Ethereum was the first to bring smart contracts to a larger crypto community. Ethereum is still the most advanced platform for smart contract development and processing. This open-source platform has one of the largest developer communities in the industry, allowing it to stay up with the industryâs ever-changing environment.
Stellar
Unlike many other cryptocurrencies, developers have developed Stellar for developers. That means it can deal with incredibly complicated smart contracts. Stellar is essentially a smart contract platform that provides a clean, easy-to-use solution for developers looking to create smart contracts that are more efficient
For more blockchain development-related information or your project development, connect withsmart contract developers.
Read the detailed blog here â Blockchain Smart Contracts for Driving Business Innovation
What is Web3.js in Blockchain Development?
Web3.js is a JavaScript library that provides a way to interact with Ethereum-based applications. For smart contract development, it allows developers to send transactions, interact with smart contracts, and access Ethereum accounts from JavaScript applications.
Web3.js provides a set of APIs that allow developers to interact with Ethereum-based applications. These APIs include:
Below are the steps to Use a Web3.js Call Contract Function:
1. Install Web3.js â Web3.js is a JavaScript library that provides a way to interact with Ethereum-based applications. Installing it with a package manager such as yarn or npm is possible. For instance, type the following command into your terminal to install it using npm:
npm install web3
or
yarn add web3
2. Connect to a Provider â An item that enables communication with an Ethereum node is called a provider. You can use the default provider provided by MetaMask or create a custom provider using tools like Infura. In this example, weâll use the default provider provided by MetaMask. Hereâs how to create a Web3 object and connect to the provider:
import Web3 from 'web3';
const web3 = new Web3(window.ethereum);
3. Load the Contract ABI â The ABI (Application Binary Interface) is a JSON file that describes the interface of the smart contract, including the functions that it exposes. You can load the ABI using the require
function in Node.js or by fetching it from a URL. In this example, we'll load it using require:
import contractABI from './contractABI.json';
Note: -
If you are not able to import the JSON file, install json-loader package using npm or yarn
Also, Explore | A Developer Guide to Smart Contract ABI
npm install json-loader
or
yarn add json-loader
or use require -
const contractABI = require('./contractABI.json');
4. Create an Instance of the Contract â Once you have a Web3 object and the contract ABI, you can create an instance of the contract using the web3.eth.Contract()
function:
const contractAddress = '0x123456789abcdef123456789abcdef123456789';
const contract = new web3.eth.Contract(contractABI, contractAddress);
5. Call a Contract Function â You can call a specific function on the smart contract using the contract.methods
object. For example, if the function is called, getValue
you can call it using contract.methods.getValue().call()
.
Hereâs an example:
contract.methods.getValue().call()
.then(value => console.log(`The value is ${value}`))
.catch(error => console.error(error));
In this example, weâre calling the getValue
function using the call()
method. The value returned by the function is logged to the console.
Conclusion
It's not too difficult to call a contract function with Web3.js. You need to load the contract ABI, create an instance of the contract, and call the specific function on the contract using the contract.methods object. With Web3.js, you can interact with Ethereum-based applications from your JavaScript applications, which opens up a whole world of possibilities for decentralized applications.
For more blockchain development-related information or your project development, connect withsmart contract developers.
Bitcoin initiated the boom of blockchain technology. It was a quick and simple way to transact in a decentralized manner since there is no involvement from banks. Additionally, there is a record of every transaction in the unalterable public ledger, so people have confidence in it. However, Bitcoin has its limits. If blockchain technology had the right programming, it could be used for much more than just peer-to-peer financial trades. So, Ethereum came into existence to overcome this challenge. This platform is supported by a comparatively new programming language called Solidity. Solidity is of great importance in the emerging Web 3.0 world, providing the foundation for smart contract development and dApps. Today, numerous smart contract development companies utilize Solidity to create innovative solutions for a wide range of applications, including financial services, supply chain management, and more. Solidityâs prominence continues to grow, and its implications span across dApps and the thriving ecosystem of smart contract development.
A smart contract is a computer program that runs on a blockchain platform to execute a task after fulfilling a pre-requisite condition. They work on the âif/whenâĶthenâĶâ assertion, which is expressed in the coding. So, once a smart contract gets information from the ledger about a transaction, it performs the associated task automatically. But, even though they eliminate the involvement of any third party, they are dependent on the underlying codes. Solidity smart contracts are a particularly safe way to transfer anything of value because they are created on a blockchain and no entity can change or destroy them. It could, however, also be a drawback. Solidity smart contracts require flawless and error-free programming. You cannot go back and undo transactions. The only method to address flaws is to update the Ethereum code, which is a complex task.
Solidity makes designing, developing, and executing smart contracts on the blockchain platform quite easy for developers.
Also, Read | Pre-Built NFT and Smart Contract Solutions for Quick Launch
Read the detailed blog here â Why Use Solidity for Smart Contracts Development
There are a few tools that simplify a developerâs journey related to solidity development.
This tool assists clients in producing documents for a network. Additionally, it helps in streamlining their workforce.
Developers can use Solidity REPL for writing command line codes on the console. It is a general-purpose computing tool.
It is a tool to execute static analysis on the bytecode. It converts Ethereum contract bytecodes into a much simpler solidity-like code, increasing the understanding of the contracts.
Solgraph is a tool that creates DOT graphs, which show the function control flow of the solidity contracts and point out possible security flaws.
Also, Read | Resourceful Blockchain Programming Languages | Updated List
In the actual world, voting fraud can occur through a number of techniques, such as data manipulation, booth capturing, the use of fictitious voters, voting machine manipulation, etc. Voting contracts are one way we could handle some of these problems. The voting process can be made simple, transparent, and automatic with well-planned code that is correctly implemented.
If done through contracts, crowdfunding can address several challenges such as third-party commissions, data management issues, etc. Smart contracts may be a far better option for crowdfunding than unreliable federal systems. Solidity can be used to construct these smart contracts.
On Ethereum, blind auction implementation using Solidity is very straightforward. It is possible to hold an open auction in which each participant is informed of the otherâs bid. After then, a blind auction can be created in which no one can view other biddersâ offers until the auction is over.
Also, Read | An Introductory Guide to Ethereum 2.0 | A Major Upgrade
Solidity plays a crucial part when it comes to Ethereum blockchain app development. Deft knowledge of this programming language can unlock the untapped potential of the Ethereum blockchain. However, not many people are well-versed in this emerging language. Moreover, with the help of our technical experts, you donât have to worry about anything. Our team of skilled smart contract developers has experience with a variety of blockchain technologies, including the Solidity programming language. We have efficiently developed and managed many blockchain applications in numerous industries, namely finance, real estate, finance, and others. We adhere to exceptional firm development tactics for the best results.
BNB smart chain (BSC) supports the most widely used programming languages, versatile tools, canonical documentation, and smart contract development. The blockchain is built for practical use and enables blockchain application development for businesses to launch and deploy their application quickly. This article analyzes more reasons to use BNB smart chain development for various dApps.
Binance Chain is the name of the first blockchain that Binance created. However, there were some restrictions on how it could be programmed. Then, the firm created Binance Smart Chain (BSC) to solve these problems. BSC blockchain network enables businesses to use applications based on smart contracts.
BSC parallelly operates with Binanceâs native Binance Chain, which offers significant transaction capability, giving users the best of both worlds. Furthermore, BSC integrated the Ethereum Virtual Machine (EVM), allowing it to run applications based on the Ethereum platform.
The platform lets users manage their cross-chain digital assets in a high-capacity, low-latency manner. Additionally, it enables developers to build decentralized apps (dApps).
BNB smart chain is a blockchain element of the BNB Chain that aims to provide the fundamental infrastructure required for future widespread adoption. Simultaneously, it focuses on being a community-first, open-source ecosystem with a permissionless ad decentralized environment.
Along with the BNB smart chain, the BNB beacon chain (BC) is a part of the BNB Chain. BC is the blockchain element in charge of the BNB Chainâs governance and staking and voting on the BNB Chain.
Suggested Read | Why Develop DeFi dApps and Protocols with Binance Smart Chain
One of the most significant advancements in the cryptocurrency world is the BNB smart chain, which contributes to bridging the disconnect between various blockchains and assists to expand the features of the Binance chain.
Individuals can transfer tokens from a Binance exchange account to a cryptocurrency wallet or link assets straight from different blockchains to BNB Smart Chain. Due to features like super-fast trading, EVM compatibility, smart contract capabilities, etc., BNB Smart Chain development has seen significant growth and adoption.
BNB Chain utilizes proof-of-staked authority (PoSA) to validate transactions and govern its network. This consensus mechanism comprises delegated proof-of-stake (DPoS) and proof-of-authority (PoA).
In this consensus mechanism, a fixed number of nodes validate blocks and secure the blockchain depending on the BNB token amount they have staked on the Beacon Chain. PoSA is more centralized than other layer-1s. But, it efficiently offers lower gas fees and faster blockchain times.
As we know, BNB smart contract supports EVM-compatible smart contracts, tooling, and protocols. All these aspects facilitate project teams to switch their decentralized applications (dApps) from other blockchains to the BNB chain.
Businesses can use Binance bridges for cross-bridging. It provides a seamless continuation of on-chain enterprise operations and easy inter-blockchain composability by letting users bring their USDT, ETH, and BUSD to BSC.
The blockchain supports popular programming languages (Solidity, Viper, Python, etc.) and flexible tools.
BNB smart chain has a dual chain framework that gives users the flexibility to trade assets from one blockchain to another. The benefit of interoperability is BNB smart chain provides users access to a diverse ecosystem with multiple use cases.
Also, Check | Secure and Efficient Crypto Exchange Development like Binance
The BNB Smart Chain can enable the development of DeFi dApps, such as wallets, tokens, NFT, yield farming, DEX, and CEX, as well as the Binance trading app. The dApps are permitted to use the following features thanks to BNB Chain and BSC:
âĒ new token issuing;
âĒ token sending, receiving, burning/minting, freezing/unfreezing;
The BNB smart chain ecosystem is adopting innovations and applications from the Ethereum community. Here, we have listed the four most crucial components of this ecosystem:
Binance created a Binance coin to use as a utility token on the Binance exchange. It incentivized the crypto community to engage in the Binance ICO (initial coin offering). The exchange assured to reduce the price of trades if participants use the coin as a payment method.
On launch day, 200 million BNB tokens were generated. During the crowdsourcing, it sold half of them to the general public. The founding team and angel investors shared the rest among themselves.
Also, Visit | Exploring BEP-20 Token Standard on Binance Smart Chain
Users can securely store their assets away from exchange platforms using blockchain wallets. In the case of the BSC network, wallets enable individuals to interact with native dApps. BSC has a wide variety of dApps. Users can use Binance chain wallet, a browser extension by Binance Exchange.
Related Post | Binance Smart Chain (BSC) for Smart Contracts Development
With fast and cheap transactions, BNB Smart Chain is becoming a popular platform among enterprises and developers to build blockchain solutions. Further, Binance is actively promoting this platform for new DeFi app development, making it an ideal choice for companies seeking top-notch smart contract development services.
At Oodles, we offer a wide range of services for BNB Smart Chain development, making us the preferred choice for smart contract developer needs. Select the BNB Smart Chain application that best serves your companyâs objectives. Contact our skilled smart contract developers to launch your project.
A Secure and Trustworthy Way to Make Transactions: Peer-to-peer (P2P) transactions are becoming more popular than ever, but they come with their own set of challenges, such as lack of trust and security. To address these challenges, the concept of smart escrow contracts, powered by smart contract development services, was introduced. A smart escrow contract is a self-executing contract that enforces the terms of an agreement between two or more parties.
A P2P smart escrow contract is a smart contract designed specifically for P2P transactions. It is a secure and trustworthy way to make transactions, ensuring that both parties fulfill their obligations. In a P2P smart escrow contract, a third-party escrow agent is used to hold the funds until the terms of the agreement are met. The smart contract is programmed to release the funds to the seller only when the buyer receives the goods or services and confirms their satisfaction. This makes sure that the buyer isn't paid until after the transaction is complete, which makes the environment for transactions more safe and reliable.
The creation of a P2P smart escrow contract necessitates a certain level of expertise in smart contract development. Smart contracts are self-executing contracts that contain the terms of the agreement between the parties. They are stored on a blockchain network, making them immutable and transparent. Programming skills are necessary because smart contracts are written in code.
In order to execute this, you may choose to engage a reputable smart contract development company, specializing in smart contract development, to craft a robust P2P smart escrow contract tailored to your unique needs and preferences.
Example: P2P smart escrow contract
It is written in Solidity, a popular smart contract programming language:
// SPDX-License-Identifier: MIT
pragma solidity ^0.8.0;
contract P2PEscrow {
// Address of the payer
address payable public payerAddress;
// Address of the payee
address payable public payeeAddress;
// Address of the escrow agent
address payable public escrowAgent;
// Amount of the contract
uint public contractAmount;
// Flag indicating if the payer approved the payment
bool public payerApproved;
// Flag indicating if the payee approved the payment
bool public payeeApproved;
// Flag indicating if the contract was canceled
bool public contractCanceled;
// Constructor function
constructor(address payable _payerAddress, address payable _payeeAddress, address payable _escrowAgent, uint _contractAmount) payable {
// Require the contract amount to be greater than zero
require(_contractAmount > 0, âContract amount must be greater than zeroâ);
// Require that the contract amount be sent with the creation of the contract
require(msg.value == _contractAmount, âThe contract amount must be sent with the creation of the contractâ);
// Set the addresses and contract amount
payerAddress = _payerAddress;
payeeAddress = _payeeAddress;
escrowAgent = _escrowAgent;
contractAmount = _contractAmount;
}
// Approve payment function
function approvePayment() public {
if (msg.sender == payerAddress) {
// Set the payer approval flag to true
payerApproved = true;
}
else if (msg.sender == payeeAddress) {
// Set the payee approval flag to true
payeeApproved = true;
}
// If both parties have approved and the contract was not canceled, transfer the funds to the escrow agent
if (payerApproved && payeeApproved && !contractCanceled) {
escrowAgent.transfer(contractAmount);
}
}
// Cancel payment function
function cancelPayment() public {
// Require that only the escrow agent can cancel the payment
require(msg.sender == escrowAgent, âOnly the escrow agent can cancel the paymentâ);
// Require that the payment has not been approved by either party
require(!payerApproved && !payeeApproved, âPayment has already been approved by one of the partiesâ);
// Refund the contract amount to the payer
payerAddress.transfer(contractAmount);
// Set the contract canceled flag to true
contractCanceled = true;
}
// Get contract status function
function getContractStatus() public view returns (bool, bool, bool) {
// Return the payer approval, payee approval, and contract canceled flags
return (payerApproved, payeeApproved, contractCanceled);
}
// Get payer address function
function getPayerAddress() public view returns (address payable) {
return payerAddress;
}
// Get payee address function
function getPayeeAddress() public view returns (address payable) {
return payeeAddress;
}
// Get escrow agent function
function getEscrowAgent() public view returns (address payable) {
return escrowAgent;
}
// Get contract amount function
function getContractAmount() public view returns (uint) {
return contractAmount;
}
}
The contract has four state variables:
The constructor of the contract takes in four parameters: â_payerAddressâ, â_payeeAddressâ, â_escrowAgentâ, and â_contractAmountâ. It requires that â_contractAmountâ is greater than zero and that the exact amount of ether is sent with the creation of the contract. It sets the state variables accordingly.
The contract has three functions:
In addition, there are four getter functions that return the values of the state variables: getPayerAddress(), getPayeeAddress(), getEscrowAgent(), and getContractAmount()
If you also have a project in mind want related to escrow smart contract development, connect with our smart contract developers to get stared.
This article gives you an insight into applications of smart contracts designed specifically to deliver the requirements of enterprises.
Our smart contract developers can help you tap into the emerging capabilities of businesses. Contact us to discuss your requirements for enterprise smart contracts today.
This article gives you a comprehensive guide on smart contract development and deployment on the NEAR platform.
NEAR Protocol is a decentralised blockchain app development platform that has been dubbed the âEthereum killer.â It attempts to make the process of creating dApps simpler and more user-friendly for developers. Users can use its native token, NEAR, to pay for storage and transaction costs on the NEAR platform.
Of third-generation digital ledgers, NEAR Protocol is the greatest illustration. Addressing scalability problems is its main goal. It encourages the development and adoption of dApps throughout the ecosystem to support decentralised finance, and it compensates the network for doing so.
- Native token named NEAR
- Smart Contracts
They manage the on-chain storage. Modification of data.
We are able to communicate with both the contracts we deploy and the contracts that others install.
https://wallet.testnet.near.org and select the âcreate accountâ option. After that, enter the testnet account name you want to use.
Using the Rust environment create a NEAR account and then install near-cli.
Install the Rustup:
curl â proto â=httpsâ â tlsv1.2 -sSf https://sh.rustup.rs | sh
Configure the current shell
Insert the following command into the configuration of your current shell:
source $HOME/.cargo/env
Add the wasm target to the blockchain network
rustup target add wasm32-unknown-unknown
cargo new calculator
cd calculator
[package]
name = ârust-counter-tutorialâ
version = â0.1.0â
authors = [âNEAR Inc <hello@near.org>â]
edition = â2018â
[lib]
crate-type = [âcdylibâ, ârlibâ]
[dependencies]
near-sdk = â3.1.0â
[profile.release]
codegen-units = 1
# Tell `rustc` to optimize for small code size.
opt-level = âzâ
lto = true
debug = false
panic = âabortâ
# Opt into extra safety checks on arithmetic operations https://stackoverflow.com/a/64136471/249801
overflow-checks = true
Create Lib.rs
use near_sdk::borsh::{self, BorshDeserialize, BorshSerialize};
use near_sdk::{env, near_bindgen};
near_sdk::setup_alloc!();
#[near_bindgen]
#[derive(Default, BorshDeserialize, BorshSerialize)]
pub struct Calculator {
x: i64,
y: i64,
}
#[near_bindgen]
impl Calculator {
pub fn get_numbers(&self) -> (i64, i64) {
(self.x, self.y)
}
pub fn add_numbers(&mut self) -> i64 {
let add = self.x + self.y;
let log_message = format!(âAddition of numbers {} + {} = {}â, self.x, self.y, add);
env::log(log_message.as_bytes());
add
}
pub fn sub_numbers(&mut self) -> i64 {
let sub = self.x â self.y;
let log_message = format!(âSubtraction of numbers {} â {} = {}â, self.x, self.y, sub);
env::log(log_message.as_bytes());
sub
}
pub fn mul_numbers(&mut self) -> i64 {
let mul = self.x * self.y;
let log_message = format!(
âMultiplication of numbers {} * {} = {}â,
self.x, self.y, mul
);
env::log(log_message.as_bytes());
mul
}
pub fn div_numbers(&mut self) -> i64 {
let div = self.x / self.y;
let log_message = format!(âDivision of numbers {} / {} = {}â, self.x, self.y, div);
env::log(log_message.as_bytes());
div
}
}
// use the attribute below for unit tests
#[cfg(test)]
mod tests {
use near_sdk::MockedBlockchain;
use near_sdk::{testing_env, VMContext};
use crate::Calculator;
fn get_context(input: Vec<u8>, is_view: bool) -> VMContext {
VMContext {
current_account_id: âalice.testnetâ.to_string(),
signer_account_id: ârobert.testnetâ.to_string(),
signer_account_pk: vec![0, 1, 2],
predecessor_account_id: âjane.testnetâ.to_string(),
input,
block_index: 0,
block_timestamp: 0,
account_balance: 0,
account_locked_balance: 0,
storage_usage: 0,
attached_deposit: 0,
prepaid_gas: 10u64.pow(18),
random_seed: vec![0, 1, 2],
is_view,
output_data_receivers: vec![],
epoch_height: 19,
}
}
// mark individual unit tests with #[test] for them to be registered and fired
#[test]
fn addition() {
// set up the mock context into the testing environment
let context = get_context(vec![], false);
testing_env!(context);
// instantiate a contract variable with the counter at zero
let mut contract = Calculator { x: 20, y: 10 };
let num = contract.add_numbers();
println!(âValue after addition: {}â, num);
// confirm that we received 1 when calling get_num
assert_eq!(30, num);
}
#[test]
fn subtraction() {
// set up the mock context into the testing environment
let context = get_context(vec![], false);
testing_env!(context);
// instantiate a contract variable with the counter at zero
let mut contract = Calculator { x: 20, y: 10 };
let num = contract.sub_numbers();
println!(âValue after subtraction: {}â, num);
// confirm that we received 1 when calling get_num
assert_eq!(10, num);
}
#[test]
fn multiplication() {
// set up the mock context into the testing environment
let context = get_context(vec![], false);
testing_env!(context);
// instantiate a contract variable with the counter at zero
let mut contract = Calculator { x: 20, y: 10 };
let num = contract.mul_numbers();
println!(âValue after multiplication: {}â, num);
// confirm that we received 1 when calling get_num
assert_eq!(200, num);
}
#[test]
fn division() {
// set up the mock context into the testing environment
let context = get_context(vec![], false);
testing_env!(context);
// instantiate a contract variable with the counter at zero
let mut contract = Calculator { x: 20, y: 10 };
let num = contract.div_numbers();
println!(âValue after division: {}â, num);
// confirm that we received 1 when calling get_num
assert_eq!(2, num);
}
}
Test the smart contract code via cargo,
cargo test
You will then receive output in the form of:
Compiling rust-counter-tutorial v0.1.0 (/home/yogesh/Blogs/rust-counter)
Finished test [unoptimized + debuginfo] target(s) in 1.57s
Running unittests src/lib.rs (target/debug/deps/rust_counter_tutorial-7e3850288c4d6416)
running 4 tests
test tests::division âĶ ok
test tests::addition âĶ ok
test tests::multiplication âĶ ok
test tests::subtraction âĶ ok
test result: ok. 4 passed; 0 failed; 0 ignored; 0 measured; 0 filtered out; finished in 0.00s
Doc-tests rust-counter-tutorial
running 0 tests
test result: ok. 0 passed; 0 failed; 0 ignored; 0 measured; 0 filtered out; finished in 0.00s
cargo build â target wasm32-unknown-unknown â release
You will deploy it using the near-cli testnet of your NEAR account.
near login
near deploy â wasmFile target/wasm32-unknown-unknown/release/rust_counter_tutorial.wasm â accountId YOUR_ACCOUNT_HERE
You will then receive output in the form of:
To see the transaction in the transaction explorer, please open this url in your browser
https://explorer.testnet.near....K1ft8pRdkY2hhCYN9W8i
Done deploying to yogeshsha.testnet
If you want more information on how to get started with NEAR blockchain-based dApp development, you may connect with our Smart Contract Developers.
NFTs are unique tokens created on blockchain networks that verify the originality of digital assets. Ethereumâs [plate_number_3] standard is the preferred choice for creating NFTs, providing a robust framework of rules and interfaces for seamless interoperability. Smart contracts built using [plate_number_3] adhere to mandatory functions, including creating new tokens, transferring token ownership, and providing critical metadata.
To expedite the development of ERC721 contracts, you can leverage the OpenZeppelin library, a cornerstone of smart contract development services. OpenZeppelin is a reputable open-source platform that offers audited, secure, and frequently updated smart contract libraries. These libraries encompass popular Solidity standards such as ERC20 and ERC721, in addition to libraries for access control, payments, and security.
OpenZeppelinâs community-driven approach ensures robustness and security for NFTs, with optional extensions like Metadata and URIStorage. The ERC2981 standard offers a standardized way to implement royalties for NFTs, enabling owners to earn royalties on secondary market sales. Smart contract development companies can help navigate NFT standards, ensuring compliance, security, and functionality. For more on ERC token standards and NFTs, explore further resources and guides.
// SPDX-License-Identifier: MIT
pragma solidity ^0.8.0;
import â@openzeppelin/contracts/token/interfaces/IERC2981.solâ;
import â@openzeppelin/contracts/token/utils/introspection/ERC165.solâ;
abstract contract ERC2981 is IERC2981, ERC165 {
struct RoyaltyInfo {
address receiver;
uint96 royaltyFraction;
}
RoyaltyInfo private _defaultRoyaltyInfo;
mapping(uint256 => RoyaltyInfo) private _tokenRoyaltyInfo;
function supportsInterface(bytes4 interfaceId) public view virtual override(IERC165, ERC165) returns (bool) {
return interfaceId == type(IERC2981).interfaceId || super.supportsInterface(interfaceId);
}
function royaltyInfo(uint256 tokenId, uint256 salePrice) public view virtual override returns (address, uint256) {
RoyaltyInfo memory royalty = _tokenRoyaltyInfo[tokenId];
if (royalty.receiver == address(0)) {
royalty = _defaultRoyaltyInfo;
}
uint256 royaltyAmount = (salePrice * royalty.royaltyFraction) / _feeDenominator();
return (royalty.receiver, royaltyAmount);
}
function _feeDenominator() internal pure virtual returns (uint96) {
return 10000;
}
function _setDefaultRoyalty(address receiver, uint96 feeNumerator) internal virtual {
require(feeNumerator <= _feeDenominator(), âERC2981: royalty fee will exceed salePriceâ);
require(receiver != address(0), âERC2981: invalid receiverâ);
_defaultRoyaltyInfo = RoyaltyInfo(receiver, feeNumerator);
}
function _deleteDefaultRoyalty() internal virtual {
delete _defaultRoyaltyInfo;
}
function _setTokenRoyalty(uint256 tokenId, address receiver, uint96 feeNumerator) internal virtual {
require(feeNumerator <= _feeDenominator(), âERC2981: royalty fee will exceed salePriceâ);
require(receiver != address(0), âERC2981: Invalid parametersâ);
_tokenRoyaltyInfo[tokenId] = RoyaltyInfo(receiver, feeNumerator);
}
function _resetTokenRoyalty(uint256 tokenId) internal virtual {
delete _tokenRoyaltyInfo[tokenId];
}
}
The contract has a struct named RoyaltyInfo, which contains information about the recipient of the royalty and the fraction of the sale price that the royalty represents. The contract also has two variables: _defaultRoyaltyInfo, which represents the default royalty information for all tokens, and _tokenRoyaltyInfo, which is a mapping of token IDs to their specific royalty information.
The contract implements the IERC2981 interface, which requires the implementation of a royaltyInfo function that returns the royalty information for a given token ID and sale price. The implementation first checks if there is specific royalty information for the given token ID and if not, it uses the default royalty information. It then calculates the royalty amount based on the sale price and the royalty fraction and returns the royalty recipient and amount.
The contract also has four internal functions: _feeDenominator, _setDefaultRoyalty, _deleteDefaultRoyalty, and _setTokenRoyalty. _feeDenominator returns the denominator with which to interpret the royalty fraction as a fraction of the sale price. By default, it returns 10000, meaning the royalty fee is specified in basis points. _setDefaultRoyalty sets the default royalty information for all tokens. _deleteDefaultRoyalty removes the default royalty information. _setTokenRoyalty sets the royalty information for a specific token ID, overriding the global default.
// SPDX-License-Identifier: MIT
pragma solidity ^0.8.4;
import â@openzeppelin/contracts/token/common/ERC2981.solâ;
import â@openzeppelin/contracts/token/ERC721/extensions/ERC721URIStorage.solâ;
import â@openzeppelin/contracts/access/Ownable.solâ;
import â@openzeppelin/contracts/utils/Counters.solâ;
contract NFT is ERC721URIStorage, ERC2981, Ownable {
using Counters for Counters.Counter;
Counters.Counter private _tokenIds;
constructor(string memory _name, string memory _symbol) ERC721(_name, _symbol) {
_setDefaultRoyalty(msg.sender, 100);
}
function _burn(uint256 tokenId) internal virtual override {
super._burn(tokenId);
_resetTokenRoyalty(tokenId);
}
function burn(uint256 tokenId)
public onlyOwner {
_burn(tokenId);
}
function mint(address recipient, string memory tokenURI)
public onlyOwner
returns (uint256) {
_tokenIds.increment();
uint256 newItemId = _tokenIds.current();
_safeMint(recipient, newItemId);
_setTokenURI(newItemId, tokenURI);
return newItemId;
}
function mintWithRoyalty(address recipient, string memory tokenURI, address royaltyReceiver, uint96 roayltyFee)
public onlyOwner
returns (uint256) {
uint256 tokenId = mint(recipient, tokenURI);
_setTokenRoyalty(tokenId, royaltyReceiver, roayltyFee);
return tokenId;
}
function supportsInterface(bytes4 interfaceId) public view virtual override(ERC721, ERC2981)
returns (bool) {
return super.supportsInterface(interfaceId);
}
}
The above contract is a Solidity smart contract that implements a non-fungible token (NFT) using the ERC721 standard with the additional functionality of ERC2981, which is a standard for royalty payments on NFTs.
The constructor sets the name and symbol of the NFT using the ERC721 constructor and then calls the _setDefaultRoyalty function, which sets the default royalty receiver and fee for the NFT contract.
_burn: This is an internal function that overrides the _burn function in ERC721URIStorage to add the functionality of resetting the royalty for the token being burned.
burnNFT: This function allows the contract owner to burn (delete) an NFT from the contract.
mintNFT: This function allows the contract owner to mint (create) a new NFT and assign it to a specified recipient address. It uses the _safeMint function provided by ERC721URIStorage to create a new token ID and assign it to the recipient and then set the URI for the token.
mintWithRoyalty: This function allows the contract owner to mint a new NFT with royalty functionality. It calls the mintNFT function to create the token and then sets the royalty receiver and fee for the token using the _setTokenRoyalty function provided by ERC2981.
You might be interested in | Types of NFTs (Non-Fungible Tokens) You Didnât Know
Finally, the contract overrides the supportsInterface function from ERC721URIStorage and ERC2981 to return true if the specified interface is supported by the contract, and false otherwise.
If you already have a project in mind and want to know how to get started with it, you may connect with our smart contract developer.
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