Blockchain smart contracts use-cases & Real Life applications

The best thing about the blockchain is that the technology uses decentralized hyper ledger that can leave out all the middleman in the system which exists now. You may have a question that what is Blockchain smart contracts? And it's use-cases. Let us get into that.

Smart contracts in an insurance policy

The major present issue in this medical sector is that the insurance claiming can take weeks or even a long time to be paid. The procedure is still exceptionally manual and requires a substantial level of human activity. This signifies plenty of regulatory costs, which result in higher premiums for clients.

Insurance agencies can robotize this claiming process by keeping in touch with them into a smart contract.

When the natural disaster is happening, for instance in case of a calamitous catastrophic event, the smart contract procedure is activated promptly.

How does it work?

Quantifiable parameters of the disaster occasion, for example, wind speed, an area of a sea tempest or extent of a tremor can be recorded onto the blockchain. Variable with the multifaceted nature of the smart contract, as the parameters cross certain pre-concurred edges, the insurance claiming procedure is activated promptly and the correct measure of money related payout can be conveyed without the requirement for human-driven mediation.

Not exclusively does the smart contract lessen the managerial expenses related with satisfying such arrangements; however, straightforwardness and trust in the process are obvious to all partners and every single administrative body involved.

Other than that, these are the areas where the smart contract can be applicable,

Copyrighted Product:

To ensure the originality of the copyright product or services. The smart contract is enabling customers to know that the specific product they are buying is an original one. It can be processed by the blockchain technology which stores the authenticity of the product in the network and accesses the information of the products when it is needed.

Intellectual property:

The contract can be executed in property rights. For example, if you are a music artist, you want to be paid directly without middleman means the contract is created with a definite set of rules. When the rules or compensations like money is given for your music, the contract is activated and the music is delivered to the user. In that way, you can protect your own work using smart contracts. No one can access the property without your permission.

Various real-life applications are using blockchain smart contracts to empower their business in an automated way. If you are in a need to build a smart contract based application, contact our experts' team. They will guide you to build a secured application in various industry like supply chain management, product tracking, payments, stock trading, digital identity, medical research, mortgage etc.

All of the real world applications have come true with the inventions of blockchain technology. Be a part in digital and empower the business.

Benefits of STO over ICO- Infographics by Coinjoker

This blog will explain to you about the benefits of STO over ICO. Coinjoker is the first ICO software solutions provider designed to provide the benefits of both STO and ICO in a compact hybrid solution. You can inquire about the  security token offerings solutions here->https://goo.gl/zgjYzP

Bitcoin exchange source code to develop your website

Are you curious about starting a distinct bitcoin exchange & trading website?

Bitcoin is the most promising business nowadays and due to its plenty of benefits, it is seemed to be the most demanded business in the current situation as well as in the future. as the value of bitcoin is volatile, you should have a preceding knowledge on bitcoin exchange and trading.

So before getting involved into this get a clear guidance from the professionals like coinjoker to know about the security measures and cost involved in it.

Why coinjoker?

Coinjoker is one of the leading script providers who offer you with the customized and dynamic bitcoin exchange script with highly protective features. Their professional's will helps you to glow in your business and to reach peak level in this field. Their main aim is to satisfy the business requirements of the entrepreneurs, startups and thus contributes with trustworthy bitcoin exchange script.

If you are seeking to build the bitcoin exchange business website with the guidance of skillful team?

Benefits of having a white label bitcoin wallet

The rapid development of blockchain technology makes bitcoin exchange to be successful and profitable business. Most of the bitcoin investors are using wallet services for storing their bitcoins safely. Even though storing a bitcoin is a risky job in this techy world, bitcoin wallet with two-factor authentication will assure you with high security.

Some popular solutions provider with impressive and exclusive features like white label solution, integrated wallet service, the multi-signature wallet will offer you a secured bitcoin exchange environment.

Benefits of going with a white label solution,

1. Creating a readymade white label wallet will save your money and makes your work easy.
2. No need to spend time in developing process instead we can utilize time in targeting the customers and marketing.
3. White label solution will make your business unique from others.

Hope this helps and best of luck for your project!

Cryptocurrency exchange source code

The cryptocurrency exchange source code is the set of prebuilt coding structure which you can use it to build the cryptocurrency exchange platforms instantly. But it needs some technical expertise to handle. When developing this, you can customize the exchange platform according to your needs.

Built on Laravel

Laravel is the most secure and robust PHP Based web application framework with built-in Oauth, Security and Encryption Features. The Laravel eco-system also uses Cache, Redis and Oauth Supported API

Multiple fiat currency support:

The software code supports the creation of multiple fiat currencies (regular currency like USD, EUR, NGN, INR) accounts for the user

User-Friendly

Designed with right navigation structure and industry standard rich UI, the application is User-Friendly and your customers will find it easy going.

Buy / Sell CryptoCoins

Buy or sell cryptocurrencies through e-wallet balance or by using Digital Currencies like (Paypal, Neteller, Perfect Money) or by using Crypto Currencies like ( Bitcoin, Altcoin, Litecoin and Ethereum

The cryptocurrency exchange source code is available in coinjoker with further enhancement features. Those inbuilt business features bring quick ways you can earn more profit. And also combines amazing features of Bitcoin to other crypto exchange with the easiest ways to gain returns.