Smart contract is a piece of code with contract clauses which are determined by the parties and written into lines of code. While each participant in the ethereum network has access to all the data, they automatically trace agreement’s completion and eliminate the need for a notary or any other authorized administrator, recognized by both parties. Smart contracts provide high security which are more reliable than regular contracts and also reduce transaction costs associated with contracting. Fortunesoft incorporates Ethereum application development allowing our developers to build customizable Ethereum solutions suitable to the unique requirements of your project and deploy decentralized applications enabling smart contracts.