How to Create a Blockchain Smart Contract for Enterprise [Video]

Wondering how to create a blockchain smart contract for your enterprise product?

You’ve come to the right place.

How to create a blockchain smart contract for your enterprise

I will now explain the steps to implement blockchain-based smart contracts in your enterprise, which are as follows:

1. Project planning

Onboard a project manager, an IT architect, and a team of business analysts, and look for their experience in blockchain implementation. Your planning process will cover the following:

• Defining the requirements and business logic for your project;
• Determining the type of blockchain to use;
• Planning for hosting the blockchain network;
• Identifying the technology stack;
• Budgeting the project;
• Onboarding a development team;
• Developing the blockchain network and smart contracts;
• Reviewing the code;
• Deploying smart contracts and your blockchain application.

Read our guide “What to plan for when undertaking blockchain software development?” for more insights.

2. Choose the right kind of blockchain

You will likely not develop a cryptocurrency as part of your project, therefore, you need to choose …