Application of Smart Contracts

Smart contract technologies are still new and it is possible to say that they are being developed at the moment. However, it is already possible to identify the main areas in which smart contracts are applied. The most common types of smart contracts are:

— Tokens. Smart contracts provide functionality and operation of the majority of existing tokens (read more about tokens HERE).

— ICO (Crowdsale). Smart contracts provide transparency and simplicity of investment collection (read more about ICO HERE).

— Exchanges. Smart contracts provide an opportunity to implement decentralized exchanges.

— Games and gambling. Smart contracts provide an opportunity to create collectable games, as well as provide transparency of gambling projects of lottery type (note: it is necessary to understand blockchain’s limitations in terms of randomization).

— Contracts for keeping / distribution of funds. Smart contracts allow you to implement almost any use of funds algorithm.

— Auctions and voting systems. Smart contracts provide transparency of bets, votes, calculation of results and guarantee of payments. HERE we described a specific example of applying a smart contract. Since some specific functions are necessary for any large system, smart contracts can be used by large companies whose activities relate to

— circulation of funds,

— insurance,

— storage of large amounts of data,

— logistics.

It is possible that in the near future smart contracts technology will transform a huge number of activity scopes.

Sincerely, Grox Solutions.

Articles. Public audits

Tetherex Audit

Security Audit of Tetherex Project

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Security audit of the INTERSMART project

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Security audit of the SHIBADOUBLER project

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TronCore Audit

Security Audit of TronCore project

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TRONexPRO Security Audit

Audit of new TRONex project

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Security audit of TRONexVIP smart-contract

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Audit of Omeo Smart-Contract

Audit of part of Omeo project

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APEMaster (Staking) Audit

Audit of APEMaster (Staking) smart-contract

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TronMint Audit

Audit of TronMint Smart-Contract

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SUNexWorld Audit

SUNexWorld smart-contract audit

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FinyTron Audit

Audit of FinyTronDue smart-contract

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TRONCapital Audit

Audit of TRONCapital smart-contract

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ArgosNEX Audit

Audit of ArgosNEX Smart-Contract

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TRONexWorld Audit

Audit of smart-contract from original TRONex team

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Tronner Audit

Audit of the Tronner smart-contract

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TronGuru AUDIT

Audit of the TronGuru Smart-Contract

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Audit of the Trony Smart-Contract

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Security audit of the TRONies smart-contract

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Security audit of the TronEx3 smart-contract

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TronMatrix AUDIT

Security audit of the TronMatrix smart-contract

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Security audit of the TRONPROM smart-contract

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Security audit of the TRX-IN-BANK smart-contract

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TRONex Audit

Security audit of the TRONex smart-contract

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ICO (CrowdSale)

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ERC20 standard issues

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ApproveAndCall function for ERC20

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Example of Smart Contract operation

Since the idea of Smart Contracts was mostly spread in...

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Application of Smart Contracts

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Audit of «Neuromachine Eternal»

Public Audit of NRM Smart Contract

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