Digital Currency - Smart Contracts Compliance Services
Our digital currency specialists are at the forefront of Smart Contracts, with plans to
launch digitalised legal agreements using blockchain technology from inception. Smart
contracts are, essentially, self-executing digital contracts with the contract clauses
drafted in computer interpretable language (instead of human language in paper form). Under
a smart contract, no money would be paid unless specific agreements are met and verified by
software.
The benefits of smart contracts are tangible: they are easily and quickly created, easily
accessible and immutable. Notably, they cannot be lost because they are placed on a
blockchain; and because they are easy to create, they will be cheaper – bringing down the
cost of associate fees. A big advantage is that the risk of a traditional contract dispute
arising between the parties is reduced. Smart Contracts can also reduce the risk of fraud
and corruption.
Smart contracts are cryptographically secure, self-enforcing digital instruments that can
automate agreements between the parties. They are carefully designed and tested before being
used in real-world applications.
WE ARE ASSISTING S EVERAL INNOVATORS IN DIGITAL CURRENCY SPACE RELATED TO INTERNATIONAL FRAUD
IN CRYPTO CURRENCY.