Smart Contract Development: A Paradigm Shift
Thanks to automation, trust, and transparency offered by smart contracts, 25% of global companies are set to embrace the technology by 2022 year-end. The popularity of smart contract development services is rising exponentially.
Blockchain protects the insurer from fraudulent claims and optimizes risk assessment in the blockchain in insurance services. Thus, more than 80% of insurance companies are eager to adopt blockchain.
Another reason for this shift is that insurance companies need to store, verify, and process huge customer data volumes. Post that, only they release payments against the claims made.
The absence of an automated solution can lead to inaccurate claim handling and increase the scope of manipulation. Besides, it can be bad for customer relations too, as some of them have no but to work out a way with traditional sector offerings.
Blockchain links together claims data and all other valuable data sets cryptographically. It is then stored in a ledger and then copied to all other ledgers with utmost transparency.
Sounds exciting? Connect with our team today to see your dream convert into reality!
Smart Contract Development Services offered by Prolitus
Blockchain Smart Contracts Development
We help you integrate smart contracts into your business process to automate core functions. Our domain expertise and technical prowess have led us to work on top-notch chains like EOS, Hyperledger, and Ethereum. Besides, our solutions are super secure and in line with your business requirements.
Smart Contract Development on Ethereum
Our experienced smart contract developers build reliable and highly secure smart contracts to help you fulfil your business needs.
Faster Transfer of ERC-20 Tokens
We help you automate and expedite the transfer of ERC-20 tokens from one wallet to another wallet that is ERC-20 compatible.
ERC-721 Smart Contract Development
We enable you to get copyright protection when registering a real estate contract and stay on top of compliance rules.
Smart Contract Development to Expedite Stable Coin Issuance
We develop digital contracts for automating and accelerating the process of issuance of stable coins.
Automated Claims Settlement
We help you automate claims settlement and help you manage the following:
- Invoice
- Payments
- Healthcare wallet payment
- Digital certificates
- E-warranty
- Asset traceability
- Insurance policy tokenization
Industrial Spread of Smart Contracts
Finance
Enhance data quality, pave the way for investor protection, and boost core functionalities of financial institutions.
Real Estate
Streamline management operations and remove transactions like leasing, purchasing, and sales anomalies.
Logistics
Track product flow in an easy manner, automate B2B payments and get real-time visibility across the supply chain.
Healthcare
Simplify medical claim verification, healthcare management, and data sharing between healthcare institutions.
Insurance
Perform 3x error checks, payout calculations, and automate policies based on information stored in the smart contract.
Automotive
Our white-label wallet lets you access secure infrastructures send, receive and store a host of crypto assets.
Our Smart Contract Development Process
We make a comprehensive roadmap to smoother your blockchain smart contract development journey. Our certified smart contract developers deliver solutions that bring trust, transparency, and efficiency to your business operations.
Evaluate Smart Contract Opportunities
We understand your business requirements, analyze your smart contracts, and create a solid framework for development.
Technical Designing
Create a document defining the smart contract, along with a detailed data flow diagram. Besides, we design the technical architecture of the contract.
Detailed Development Solution
We then develop and propose a smart contract solution, evaluate it and then complete the development of the contract.
Why Choose Prolitus As Your Smart Contract Development Company?
- Extensive Experience: Our team holds real-world experience in blockchain-based product development and delivers outcomes that boost business growth.
- Cutting-Edge Solutions: We lead digital transformation initiatives with forward-thinking solutions that help businesses automate core operations, develop better models and improve customer experiences.
- Advanced Research Capabilities : We conduct in-depth research to learn, seize, and capitalize on opportunities and enable businesses to make a smooth transition to a new decentralized digital world.
- Enthusiastic and Cross-functional Team : Our team of subject matter experts and developers are always learning and experimenting. Furthermore, they help you adopt new technologies, strengthen your business, and make way for long-term success.
We build smart contract solutions that automate core processes and provide transactional integrity with ease.
Frequently Asked Questions
Can smart contracts track changes?
Name three benefits of using smart contracts.
What all is needed to make a smart contract work?
Smart contracts work on simple if and when statements. A smart network of computers works together to carry out the operations when specific conditions are met.
Is it possible that a smart contract expires?
How can you enforce smart contracts?
