SMART CONTRACTS

Supporting Business to usher in the future, easily.

Why are Smart Contracts important?

For many people, legal and business contracts are viewed with trepidation. After all, a poorly thought-through, carelessly communicated or badly drafted contract can lead to conflict, vulnerability and – in the worst cases – drawn-out disputes. But all of that can be avoided.

Attorneys and business professionals are now ushering in ways to revolutionise their business arrangements. These streamlined legal solutions still carry the force of law but simplify agreements to the benefit of everyone involved. One of the most popular terms for these new and improved legal agreements is Smart Contracts.

 

 

In essence, Smart Contracts are electronic contracts drawn out in code by computers, rather than on paper. They are executed automatically and autonomously adjudicated. 

Their job is to clearly define the rules and penalties of an agreement (just as a traditional contract would), with the added bonus that those obligations can be automatically enforced. For example, the code will determine whether a certain asset should we awarded to one party or another. 

 

HOW CAN WE HELP

Here at Sparkster we have revolutionized the way Smart Contracts are built, by allowing anyone and everyone to build Smart Contracts – by building them in plain English – No Code! What difference does this make?

ADOPTION

We eliminate the friction involved in adopting Smart Contracts as part of your existing business processes. Not only do you need any software developers to build and start using Smart Contracts, our integration platform enables you to integrate it with your existing processes regardless of what systems you may be using. Whether it’s SAP. Oracle or even homegrown, our platform helps make this transition graceful and painless.

TRANSPARENCY

Would you sign a contract that was written in a language you cannot understand? Smart Contracts written in English are readable by everybody. This means that you can verify exactly what a Smart Contract will do, before you ever send your virtual currency to it. We think this will help businesses adopt Smart Contracts as part of their everyday activities.

ACCESSIBILITY

Smart Contracts can be built by anybody! Build Smart Contracts in plain English, focus strictly on the things you would like it do, without worrying about any of the internal plumbing. We got you covered with all the geeky complicated stuff. Building Smart Contracts is so simple that anyone can do it; it’s no different to building anything else in our platform.. 

SPARKSTER SMART CONTRACTS

In addition to supporting Ethereum Smart Contracts, we also support IOTA. Our Our Raspberry Pi solution for Makers allows you to collect and use IOTA to interact with your projects. Now you can build IOTA Smart contracts without writing any code.

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