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ND Labs Introduces Smart Contract Development

New European legislation to revolutionize industrial data sharing and smart contracts
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ND Labs, an international blockchain consulting and development company, has announced the launch of smart contract development services.

In January 2023, the company with development offices in the United States and Poland began to provide smart contract audit and development services since enterprise-grade blockchain solutions are rising in popularity.

Dmitry Khanevich, co-founder and CEO of ND Labs, comments:

“Smart contracts are the tool that will definitely make the way we do business better. With such a solution, we can finally get rid of unreliable paperwork, cut costs, and eliminate the need for third-party involvement. By the way, we have enough skills and experience to provide our clients with top-tier solutions that will help them to establish more trustworthy business relationships.”

What is a smart contract?

Smart contracts are digital agreements between two people or entities in the form of program code that is designed to execute automatically and carry out a set of instructions when the predetermined conditions are met. Smart contracts are hosted on blockchain networks.

What are smart contracts used for?

Smart contracts aim at eliminating the need for intermediaries, streamlining business processes, and simplifying trade between identified parties, as well as anonymous ones. Smart contracts reduce costs and the level of formality that go with traditional methods.

Where are smart contracts used?

Smart contracts are widely used in various industries. For instance, they increase transparency in supply chains, enable medical tracking and streamline medical care operations, automate bank operations and payments, ensure product authentication, allow for creating invoices and tracking product flows, protect businesses from fraud, and many more.

For more detailed information about ND Labs’ new service, please visit the company’s website https://ndlabs.dev/smart-contracts.

About ND Labs

ND Labs is an international provider of blockchain consulting and development services. The company offers blockchain-based solutions to businesses of all sizes from a wide range of industries such as construction, oil and gas, fintech, etc. Their team consists of skilled professionals who focus on strategic results and help clients generate long-term outcomes.

For more information, please visit https://ndlabs.dev/ and follow the company on Twitter, Instagram, and LinkedIn.

Issued by:

ND Labs USA

260 Madison Avenue, 8th Floor,

New York, NY, 10016,USA

+1 646 401 0190 [email protected]

Disclaimer. This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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