Smart Contract

Smart Contract

Through Wixlar Wallets, our users are able to create their own tokens, assets or shares through Wixlar Smart Contracts in order to take their business to the next level through Wixlar Block-chain Technology.
History of Smart Contract

Smart contracts were first proposed by Nick Szabo in 1994 which are computer protocols intended to facilitate, verify, or even enforce the negotiation or performance of a contract in the blockchain. Szabo proposes that smart contract infrastructure can be implemented by replicated asset registries and contract execution using cryptographic hash chains and Byzantine fault tolerant replication.

Key Advantage

The aim of smart contracts is to provide security that is superior to traditional contract and to reduce other transaction costs associated with contracting. The key difference with smart contracts is that it is a decentralized system accessible to anyone, that doesn’t require any intermediary party, and in addition minimizing the counterparty risk, reducing settlement times, and increasing transparency.

Smart contracts can illustrate a unique benefit of virtual currencies that some advocates believe could entice more users.

Wixlar Smart Contract

Wixlar Smart Contract gives you the ability to create tokens, assets or shares for your company or your group of members in order to provide a realistic way for your share holders to participate in your projects.
Download Wixlar Wallet to start creating your own Smart Contract Today!