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DApp Development Company-VI Software Solutions To know more about our services please visit: www.visoftwaresolutions.com Phone : + 91 9884951549 . Smart Contract : A smart contract is a self-enforcing piece of so ware that is managed by a P2P network of computers. Smart contracts are e cient rights management tools that provide a coordination and enforcement fra- mework for agreements between network participants, without the need of traditional legal contracts. They can be used to formalize simple agreements between two parties, the bylaws of an organiza- tion, or to create tokens. A smart contract is a self-enforcing agreement embedded in computer code managed by a blockchain. The code contains a set of rules under which the parties of that smart contract agree to interact with each other. If and when the predefined rules are met, the agreement is automatically enforced. Smart contracts provide mechanisms for efficiently managing tokenized assets and access rights between two or more parties. One can think of it like a cryptographic box that unlocks value or access, if and when specific predefined conditions are met. The underlying values and access rights they manage are stored on a blockchain, which is a transparent, shared ledger, where they are protected from deletion, tampering, and revision. Smart contracts, therefore, provide a public and verifiable way to embed governance rules and business logic in a few lines of code, which can be audited and enforced by the majority consensus of a P2P network. Why Smart Contract for MLM Business MLM business concept starts to attract all start-ups, entrepreneurs and many more peoples. So, lets we can see about this tempting MLM business pros and cons, Pros of MLM Business Direct sale from the wholesaler Low start-up cost Can choose the product & services as per the person wish Open business model Leverage Low risk Time Freedom Portability Huge potential income Personal Development Low operating cost Portability Cons of MLM Business There some disadvantages too in MLM business, they are, Negative Stigma High rejection rate Old School marketing High turnover rates Hard to get Trademark Low success rate High Competition Consumes enormous time to grow & work Numerous Scams Company requirements These points can be easily overcome by Smart Contract. Smart Contract aid to show authority over the asset in the market and monitor A to Z business activities and all peoples, which easily identify the lack or bug and fix it. How Smart Contract Uplift MLM Business? MLM is the best and easiest business strategy to develop the business in the market. It also gives an easy way to gain trust from consumers which will lead to achieving brand name across the globe. Step by step it grows and spread worldwide like a pyramid, therefore it is also known as ‘pyramid selling’. To achieve this global trademark MLM follows a process that is, they choose a representative to sell the products to customers and train them. Anyhow, every fortune come with some unfortunates like that There are two risks in this type of network marketing, they are, The representative, sale the products from wholesaler to end-user, sometimes these reps can cheat wholesaler. While a rep joining the business, they want to pay some amount of money. At this point, the wholesaler can be a fraud. To avoid this and overcome it, the smart contract came to frame. Smart Contract traits make it easier to gain trustworthiness and stand with it, to gain faith from consumers. The most tempting part of the smart contract is that the automatic transaction, if once the terms & conditions meet in the contract the funds will be automatically transferred from one person to another person account based on the condition in the smart contract. These terms and conditions are designed & drawn in smart contracts based on authorized people's requests. So, this avoids trust issues and gain the profit as promised on both side parties this will play a vital role. No need to worry about the fraud or cheats while coming to MLM with a smart contract. In this way, smart contracts uplift all types of MLM business. Benefits of MLM Platform by Smart Contract While using the MLM platform is used in the business, it aid to gain enormous business advantages by admin keeping a tab on representative and end-user in the network about their progress as well as payments respectively. Some of them are listed below, Easy Tracking Effortless Payment Secured & International Transaction Assured Data safety Avoid Malpractice No additional fees Multi payment ways Peer-to-Peer systems No third party These will benefit both parties, which is the tempting part of the MLM concept in business. Use-Case of Smart Contract MLM Well, we have already seen and discussed about the benefits of smart contract MLM and how it role play in business sectors. Here as the name defines we are going to see the highlights/predominant features of MLM Smart Contract Software, they are Automatic Transaction - Once the terms & conditions of the contract meet. So cheating. Transparent - Avoid fraud activity between the contract person. Irreversible - That means, the contract is unbreakable. No third party - Smart Contract can be kept as secret between the involved parties Security - Both asset & data are highly secured in the digital form. Efficient - It saves time by avoiding the paper work. How Do I Build an MLM Website with Smart Contract? Starting an MLM company can be rewarding but you would have to compete with other well established MLM companies on the World Wide Web. Lots of MLM script software are available in the market today as a white-label solution offering source code. Developcoins is one such MLM script development company which helps to build your MLM website with smart contract solutions Despite the fact that the MLM business is still a green business, it will continue to blossom because more and more users will embrace the use of MLM in the nearest future. So, if you have an entrepreneurial mentality and you wish to join a massive technological revolution, you can build use MLM script from Developcoins to start your own MLM business with advanced smart contract functionality! The best way to start an MLM business is to make use of an MLM script software from Developcoins which will save you a lot of time and money. Initially, the MLM business supports more crypto projects. More and more business people are seeing MLM development as an opportunity for business. The reason behind the hype of the MLM platform is the Smart contract. The smart contract has been securing all transactions worldwide. This hype has inspired many entrepreneurs and crypto enthusiasts to build an MLM and what another easy way could be there for MLM website development with a smart contract than MLM script. TRON is a blockchain-based decentralized platform that was founded in September 2017, by a Singapore-based non-profit organization known as “Tron Foundation.” The TRON platform strives to offer highly scalability, high productivity, and high availability for all DAPPS( Decentralized Applications) in the TRON atmosphere. The TRON network uses its own native token Tronix (TRX) to function. TRON DApps are really useful for individuals, startups, and large enterprises to enable smooth, seamless, and streamlined functionality for their businesses. The primary reasons why TRON Smart Contract Development is an ideal choice for your business include, TRON unlocks the true potential of decentralization TRON runs based on a computerized automated system and eliminates the need for a third-party. Therefore, it ensures more security and risk-free operations. TRON guarantees high ROI on minimum investment. TRON enables you to gain strong trust from the investors towards your business Transactions are more speedy with TRON and the platform also guarantees huge returns on referrals. Key Benefits of Smart Contract-Based MLM Development on TRON Launching a smart contract based MLM software is as reliable as the one that is built on Ethereum. TRON Network for smart contracts MLM development assures high-end security. It is easy to expand your user base as a TRON based smart contract MLM development ensures users’ trust towards your MLM platform. There is no Gas price or Gas limit in a MLM platform on TRON Blockchain. Therefore, owners can enjoy higher returns over each transaction on the platform. Owners have the flexibility to customize the TRON smart contract MLM software according to their individual needs. The initial entry fees will be low in a TRON based smart contract MLM platform Users will be rewarded with a certain number of TRX whenever they join the TRON smart contract MLM platform The enhanced security in a TRON smart contract MLM software makes it the safest investment choice for users. Active participation and referrals in the platform will guarantee high-profit revenues for users Not just rewards, there are also several other gifting schemes involved for users with smart contracts MLM development on TRON. About Smart-contract.us Development Team Your Trust-Worthy TRON Smart Contract MLM software Development Company A preeminent Blockchain Development Company having a proven track record of success with 100% customer satisfaction offering a top-notch software solutions for blockchian, cryptocurrency exchange, smart contract based MLM, DApps, cryptocurrency & ethereum tokens development etc... With a broad team of blockchain experts, developers, programmers, market analysts, strategists and more, and with an experience that is second to none, Smart-contract.us ensures the most promising and profitable solutions for your business. Our solid expertise assures the most stable, and reliable smart contract-based MLM development on TRON/ETH solutions, that will capture potential investors’ eyes towards your business and make you a key player in the competitive market. Our deep knowledge of the solidity language will make sure your TRON smart contract MLM software runs smooth and error-free. Smart-contract.us strive to work closely with you and understand your individual preferences and make sure we adhere to them. Our TRON / ETH based smart contract MLM development solutions are highly scalable and customizable, allowing you to achieve a launch in your own desired brand. Smart-contract.us prioritize quality and the security of the platform and the users. Our solutions are also quick and cost-effective. Leverage our TRON/ETH network for smart contract MLM development solutions, and we’ll make your business thrive in the marketplace. #Blockchain Systems for MLM #DApp Development Company #decentralization mlm software company #Ethereum Smart Contract MLM Software Development Company #MLM platform by decentralized application with smart contract Software Development Company #MLM Smart Contract Software Development Company #MLM software in Smart Contract #Multi-Level Marketing Smart contract Software Development Company #Readymade smart contract Dapps Software Development Company #ROI Smart Contract MLM on ETHEREUM Network #ROI Smart Contract MLM on TRON Network #Smart Contract Based MLM Software Development #Smart Contract MLM on TRON #Smart Contract MLM software Development Company #TRON (TRX) Smart Contract MLM Software Development #Tron DApp Development Company #TRON Smart Contract MLM software Development Company Thanks for reading our content. 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BEP2 and BEP20 (Binance Smart Chain) Token Development – VI Software Solutions VI Software Solutions is there to guide and define the rules on how the tokens can be used, spent and who can spend them. To know more about our services please visit: VI Software Solutions https://visoftwaresolutions.com/ PHONE NO - 9884951549 BEP2 Token Development BEP-2 is the token standard for Binance Chain, and it can be seen as the original Binance blockchain, which focuses on speedy transactions and supporting the Binance DEX. Binance Chain’s native digital asset, Binance Coin (BNB), plays a role similar to Ethereum gas. Specifically, users can pay for fees or transfers of BEP-2 tokens with BNB. Just like the vast majority of other digital tokens, BEP-2 tokens can be stored in wallets. BEP-2 has support from various hardware wallets (such as Trezor Model T, Ledger Nano S, Ledger Nano X, and the Coolwallet S). This goes even further in that Binance Chain and Binance Smart Chain feature certain ”cross-chain” functionality. So, what does this mean? Well, in short, it effectively means that BEP-2 tokens can be exchanged for BEP-20 token equivalents. BEP-20 Token Development BEP-20 is the token standard for the Binance Smart Chain , BEP-20 represents a token standard, just like Ethereum’s well-known, smart contract-compatible technical standard ERC-20 does. The token standard ensures basic functionality for the token, such as transferring, returning a balance, viewing token ownership, etc. BEP20 is a developer-friendly token standard that allows anyone. With exorbitant Ethereum gas fees, there’s a sudden demand for a smart contract-compatible DeFi platform with lower fees. Binance Smart Chain offers just that, as well as an environment that’s comparatively easy for developers to adapt their Ethereum dApps to. BEP-20 sets a common set of rules for token management. The BEP-20 token is also found to be compatible with the ERC-20 and BEP-2 (Token of the Binance Chain) since they’re similar. As a chain that runs parallel to Binance Chain, Binance Smart Chain is specifically designed to cater to smart contracts. Binance Smart Chain is built for decentralized finance (DeFi) and decentralized applications (dApps). Advantages of BEP20 Token Development • It provides an extensible and flexible platform for developers to use this token as a blueprint and develop other tokens. • These newly developed tokens can represent a range of things from shares, crypto assets, fiat currencies, etc. • Another interesting feature of the BEP-20 token is that other tokens from other blockchains can be pegged on this token. In other words, developers can create other versions of crypto assets with these tokens. • An important aspect of BEP-20 tokens is that they create a token contract on the smart chain network. • As an incentive for those acting as validators transferring BEP-20 tokens, the BNB token is provided. It can be collected as a transaction fee, quite similar to what is observed with the BEP-2 token on the Binance Chain. What is the difference between BEP2 and BEP20? Both BEP-2 tokens and BEP-20 tokens are fueled using Binance Coin (BNB). This stems from the fact that BEP-2 and BEP-20 are designed with “dual chain architecture”, where the Binance Chain and Binance Smart Chain support each other. If you created a Multicoin account, your BEP2 address would be the BNB address on your trustwallet. Your BEP20 address would be the coin called "SmartChain". The BEP2 address starts with "bnb". Your BEP20 address starts with 0x just like an Ethereum address. Just to make the differences between BEP-2 and BEP-20 as clear as possible, they are all different token standards for different blockchains, according to this order: • Binance Chain - BEP-2 • Binance Smart Chain - BEP-20 Binance Chain and Binance Smart Chain’s relatively unique dual-chain architecture is an interesting solution to retaining speedy transactions while incorporating smart chain functionality. Benefits of using Binance Smart Chain network • The Binance Smart Chain is highly scalable and supported directly by Binance. • You can easily create and deploy tokens and smart contracts without much hassle. • Transactions are much faster and dependable compared to other blockchain networks. Benefits and Features of BEP-2 and BEP-20(Binance Smart Chain) These tokens offers a range of advantages and benefits for the token holders and those who wish to develop tokens like BEP-2 and BEP-20. Benefits of BEP20 Token Development • Extremely low gas fees for transactions as compared to other blockchains. • Binance Smart Chain offers higher transaction speeds as compared to other blockchains. • You can easily integrate BEP20 tokens into your DeFi project and list them for free on DEXs such as PancakeSwap. Features of BEP20 Token Development Fast Transactions One of the major benefits of using Binance BEP20 token development is that it supports high transaction speeds and is highly scalable. Low Transaction Fees Through BEP20 token development, you can let users transact your tokens without paying high gas fees like on the Ethereum network. Cross-chain compatibility BEP20 tokens work seamlessly with BEP2 tokens of the Binance Chain. You can easily switch between the two networks using a simple wallet. Easy Listing on Exchanges You can easily list your BEP20 tokens on decentralized exchanges without much hassle, providing for an easy token sale. Benefits of BEP2 Token Development • It decreases the amount of effort required from developers to issue tokens. • The native asset of Binance Chain is BNB, which is used to pay for fees (similar to gas). This means that when you’d like to transfer your BEP-2 tokens, you’ll also need to have a small amount of BNB in your wallet. • You can store BEP-2 tokens in many different wallets. Trust Wallet is an excellent option if you’d like to use a mobile wallet. Features of BEP2 Token Development • High security • High transaction speed If you’re looking for a platform with low fees, fast transaction times, and smart contract compatibility, then look no further than Binance Smart Chain (BSC). Thanks for reading our Content, to know more about our Services. Kindly Visit Our Website: VI Software Solutions https://visoftwaresolutions.com/ visoftware.Cbe@gmail.com Address : 84/3A, Meena's pinnacle, West sambandham road, R S Puram, Coimbatore 641002, Tamilnadu, India. PHONE NO - 9884951549

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