Ethereum is definitely the pupil who became the master.
The blockchain platform learned everything it could with the Bitcoin network and, right now, it’s the master of distributed ledger technology. With Ethereum, building blockchain applications, solutions and software became easier.
Now, the big thing in the platform is Smart Contracts. The self-executing digital contract works in an independent way, without the need of any human intervention. Once the clauses are defined, the contract becomes automatic.
Smart Contract Development on Ethereum can be a revolution for a great number of industries. Because of the self-executing nature of the computer-based contract paperwork will turn into an obsolete process and make the work of lawyers and accountants, for an example, simpler.
But how does a Smart Contract is built? Well, there are 4 basic steps for its development process:
Gathering the requirements - Understand the idea of the contract, what are the settlements and what itcontinue reading →