A smart contract is a self-executable contract created and maintained by a computer algorithm and used in a blockchain ecosystem.

Tap Into Our Smart Contract Development Services

We focus on developing smart contract-based solutions for current business issues using the Ethereum, Hyperledger, and EOS platforms. Our blockchain smart contract development is intended to provide decentralized solutions for the finance, healthcare, e-commerce, supply chain, and gaming industries.

Smart Contracts For DeFi

Solidity-based automated DeFi smart contracts can be used for billing, insurance, settling claims, and asset tracking. We provide a secure smart contract to keep your cryptocurrency tokens safe. Your DeFi coins will be protected by the highly secure smart contract that will be put in place.

Smart Contract For DEX

We build decentralized exchanges powered by smart contracts using Ethereum, EOS, and other platforms. It enables exchange firms to utilize decentralized ECO systems to safeguard end-user privacy, private keys, digital assets, corporate logic, and data maintenance.

Smart Contracts For Wallet

We can help you establish a very safe cryptocurrency wallet for your business with the help of our dependable, smart contract development services. We develop multi-signature digital wallet systems that safely and securely store and manage digital assets, enabling you to embrace reliable and quick transactions without intermediaries.

Ethereum & Hyperledger Smart Contract Development

We develop Ethereum-based ERC-20 and ERC-721 token contracts written in Solidity for use cases like stable coins and healthcare wallets. We also create Hyperledger smart contracts for the financial sector, healthcare, retail, auto industry, and other sectors.

Smart Contracts Audit & Optimization

Our smart contract developers will review the logic of your current smart contract system and optimize it for more efficient and cost-effective operations. We’ll review the core code of the smart contract, look for any flaws, and make the necessary adjustments.

Smart Token Contracts

ERC-20 token transfers from one wallet to another can be automated using Ethereum-based smart contracts. We develop automated smart contract mechanisms for creating the tokens, giving them away on exchanges, redeeming them, and providing other token-related services.

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Get a Quick Look at Our Blockchain Development Projects

PiEV

EV . Calculate sight distances in highway geometric designs by interpreting the driver’s reaction time.
Case Study

WePay

Crypto Wallet. Provides a streamlined and configurable payment solution via its APIs.
Case Study

Croft

NFT Marketplace. It is a platform that makes it simple to store and sell NFTs.
Case Study

Ripple

dApps. A peer to peer marketplace for goods, for digital goods, allowing users to buy, sell and auction NFTs and crypto collectibles.
Case Study

Develop Smart Contracts Today With Your Preferred Blockchain Platform

Smart Contracts Development Tech Stack

smart contracts development tech stack

Smart Contracts Development – Blockchain Platforms

Ethereum

Make the most of the development of Ethereum smart contracts, which offer advantages including scalability, a sizable network, and EVM compatibility for creating apps.

TRON

Tron operates at a speed of 2,000 TPS, enabling the execution of smart contracts that are self-triggered and written in Solidity beyond the instant.

Hyperledger

Hyperledger is a private and permissioned blockchain network compared to conventional blockchains. Decentralized application development will be possible with Hyperledger. Enterprise-grade dApp development is possible by utilizing Chaincode in Hyperledger.

Polygon

Using smart contracts to build dApps on Polygon will be optimal. Polygon is highly known for its staking, rapid transactions, and low fees.

Stellar

The Stellar blockchain facilitates numerous currencies, immediate transactions, and inexpensive exchanges. In essence, Stellar established itself as a platform that links financial institutions, creates new financial markets, and facilitates the frictionless transfer of funds.

Solana

Solana effectively manages thousands of transactions with its proof-of-history (POH) mechanism.

Binance

Binance provides a crypto wallet for users to keep their digital currency. Additionally, the exchange offers consumers supporting services so they can earn interest or conduct cryptocurrency transactions.

Smart Contract Development – Benefits

1. Improved Efficiency & Speed

Smart contracts can help you boost the productivity of your business processes by eradicating the need for manual intervention. With their help, you can hasten conversations and business transactions.

2. Higher Trust & Transparency

Smart contracts are built on blockchain technology, which is by its very nature secure and transparent. It implies that a smart contract’s terms, conditions, and transaction history are all transparent to the parties involved.

Smart contracts development benefits
Smart contracts development benefits

3. More Control Over Processes

Smart contracts can enforce adherence to internal policies and outside requirements and track and monitor all transactions in real-time. They can also be used to develop digital workflows that are more effective and manageable.

4. Error-Free Automation

Smart contracts enable you to cut costs, save time, and eradicate errors. With smart contracts, you can be sure that your complex business operations will run flawlessly every time.

Our Blockchain Smart Contract Development Process

Analyzing the Requirement

In the beginning, our team will brainstorm with you to understand your business requirements in-depth and to examine the business idea that needs to be incorporated into a smart contract. Our team creates a precise roadmap for the needed end product by defining the aspects and logic based on the information received.

Technical Design

Once we clearly understand your business needs, our team will prepare a document outlining a smart contract, a complete data flow diagram, a technical architectural design, and a technical GDPR compliance requirement document and deliver milestone creation.

Development

After carefully considering the requirements and technological design, our smart contract developers develop smart contracts at the alpha and beta levels and create accurate smart contracts based on your company.

Testing & QA

Before deployment, our quality assurance team will do thorough testing to assess the smart contract’s quality and reassure you that it is 100% bug-free and secure to use.

Deployment

Once the developed smart contract has been tested for quality and error-free, it is ready for use in your business and deployed on the leading blockchain network.

Support & Customer Service

We carry out continual platform and product optimization, market strategy deployment, and fundamental/fixed support to ensure continuous improvement.

Use Cases of Smart Contracts

1. Transport & Logistics

Smart contracts enable enterprises in the transportation and logistics sector to obtain real-time visibility across the supply chain, automate consumer and business-to-business payments, and track product flow in great detail.

2. Healthcare

Smart contracts are used for patient record management, data sharing across hospitals and healthcare facilities, and healthcare administration in general. Examples include drug monitoring, legal compliance, test results, and healthcare supply management.

3. Finance

Financial organizations use Ethereum smart contracts to increase the performance of financial markets, strengthen investor protection, and improve data quality.

4. Real Estate

Smart contracts simplify management procedures in the real estate industry for the primary property transactions, such as leasing, purchasing, and selling. Technology reduces the cost and burden of paperwork.

5. Insurance

Smart contracts can help the insurance sector by automating policies. They can do error checking, routing, and payout calculations based on the claim data stored in the smart contract and automatically make payouts.

6. Logistics

Smart contracts streamline the monitoring process and offer real-time insight across the whole supply chain by enabling transport and logistics companies to track goods flow in a detailed manner from the factory to the store.

7. Automotive

Smart contracts are used in the automotive industry for insurance procedures. Contracts are tailored and contain accurate data on vehicle performance. Additionally, they automate the payment collection and settlement processes for insurance claims.

What Makes Markovate The Right Choice For Smart Contract Development?

Few people possess the skill and attention to detail needed to create a smart contract. We think that our developers have already produced enough of them to produce high-quality smart contracts.

Exclusive token creation

Least turnaround time

Multi-device smart contracts

Exclusive Contracts

Exclusive token creation

Least turnaround time

Multi-device smart contracts

Exclusive Contracts

Let Our Specialists Know What You Need For Smart Contract Development

We create Web3.0, blockchain apps and digital products for tech enterprises

We work with tech companies to engineer scalable premium Web3.0 digital products for the end users. Our core expertise lies in strategizing, architecting, engineering, and launching successful digital solutions. We build Web3.0, IoT, AI, Blockchain, and cloud solutions and are also the leaders in mobile apps.

Working with Markovate

We have worked with Markovate for more than a year to build our enterprise product design and prototype. We worked closely with the team, and they were always on top of their deliverables. They are very professional in their processes and have always suggested the best solutions for our product development. Highly recommended.

Anil Wasney

Director of Technology, FedEx

“Markovate quickly adapted to the new project. They have upgraded our hybrid application with a variety of new features to give customers the leverage to access particular services. Their focus on detail and commitment is crucial to the success of our project.”

Woto Nyomba

Technology Expert, Manulife Global

Markovate has always stood out due to its consistently high professionalism and customer support standards. They have helped us build multiple products in the past. We recommend them to anyone looking for product development.

Moe Ali

Founder & CEO, Product Faculty

In every sense, working with Markovate has been amazing. The experience and outcomes were excellent from conception to creation and throughout the complete evolution phase. They ensure that every project they undertake receives the best possible attention and enthusiasm. We are grateful that we could find Markovate to assist us because our mobile application met our expectations.

Michael Lavry

VP, Dell Technologies

Smart Contracts Development – FAQs

What are smart contracts?

In a smart contract, the conditions of the agreement between the buyer and seller are directly encoded into lines of code, making it a self-executing contract. The agreements and underlying code are spread throughout a decentralized blockchain network.

Can smart contracts be trusted?

Smart contracts’ so-called “trustlessness” is a misnomer. With the usage of smart contracts, the requirement for interpersonal trust between contracting parties can be lessened because it can be easier to enter into transactions with people with whom we have no prior social relationships, prior experience, and unknown reputation.

Can smart contracts be encrypted?

Using homomorphic encryption (FHE), it is possible to process data without first decrypting it. On top of open, permissionless blockchains, this can be used to build private smart contracts, where only selected users can view the transactional information and contract states.

Are There Standards for Smart Contracts?

In its most basic form, smart contract standards are requirements that a smart contract must meet to operate as intended on the underlying blockchain network. These specifications are at the application level and include name registries, library package formats, and token standards.

Build a Blockchain Application: All-in-One Tech Guide

Blockchain-based solutions are successfully implemented using our architectural and mobile app development techniques. We offer everything you require, including cloud infrastructure, APIs, and smart contracts.

The Ethereum Merge Explained

According to the Ethereum Foundation, the long-awaited Ethereum Merge event is scheduled to take place and is expected to cut the Blockchain’s energy consumption by 99%.

Get started in 4 simple steps

We collaborate with you to develop a product that meets your needs and objectives. Let's talk about how we can make your digital product a reality.

01

Confidentiality

We will send a signed NDA before the initial discussion to protect your product idea.

02

Scope of Work

On a 30-minute ZOOM call, we will go over the scope of the project and discuss project requirements.

03

Dev Contract

We will send a comprehensive contract with details on project technology, process, cost, time, etc.

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Initiate Project

Upon mutual acceptance, we will create the sprints and kickoff the project.

Say Hello!!

After you get in touch with us, our technology consultant
will set up a Zoom call to discuss your requirements.