Why every business will soon be utilizing smart contracts

in #blockchain7 years ago


There's no question that contracts are a vital part of every  business. Any time an agreement is in place between two businesses, or a  business and a customer, a contract must be written to finalize the  deal. Traditional contracts must often be written by an outside  consultant and take up far too much time and money. Smart contracts eliminate the intermediaries (middlemen) in these  deals. Smart contracts are automatic -- once the terms of the agreement  are reached by all involved parties, the contract is executed instantly,  and the exchange of value is transferred per the agreed upon  conditions. This means no more lawyer and other intermediary fees. This  means no more waiting around for days or weeks to receive your end of  the deal. You can imagine the many ways that smart contracts will soon be  implemented in every industry. They will change the way we do business  forever -- in a more secure and and hassle-free way. Here at BlockIDE,  we are making smart contracts more attainable for the everyday person.  You can use our integrated development environment to create and  maintain your own custom smart contracts on multiple blockchain  platforms. Our drag-and-drop feature means you don’t even need to know  how to code.  Contact us to find out more. Help us, help you and your business. 

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