August 24, 2019

Smart Contract Development Life Cycle

Greetings blockchain enthusiasts! In this article we are going to highlight the life cycle of smart contract development, focusing on the necessary steps to develop and deploy a secure smart contract. Furthermore, The aim of this article is to act as a guideline for developers who wish to learn more about this new and exciting technology, while also providing an accessible and easy-to-understand explanation for people who are uninitiated in the inner-workings of blockchain and smart contract development.

Introducing the SOFTTIK Development Platform

This guide will make use of the extensive development toolkit provided by SOFTTIK which encompasses a fully-fledged development platform specifically designed to meet the needs of developers: Furthermore, project repository, issue tracking, project documentation, and collaboration tools. The platform comes with a built-in Bytecode Analysis machine which automatically detects a range of possible attacks that can be performed. Of course, the development would be impossible without a Test Net environment. One of the advantages of the SOFTTIK. Furthermore, the platform is the fact that it has its own IDE with a fully integrated syntax support for Solidity, the go-to language for smart agreement development, and a custom-built Ethereum node integrated that acts as a test net environment.

Smart contract development What are Smart Contracts?

Before delving into the life cycle of smart contract development, let's take a look and see what a smart contract is and why it has become a hot topic in the tech community. A smart contract is a set of executable code that runs on top of a blockchain network. Furthermore, One of the main reasons that smart contracts have garnered so much attention stems from their ability to automatically execute and enforce an agreement between untrusted parties, without the need of a trusted third party.

Smart Contract Development Life Cycle

Also known as a software development process, the software development life cycle is a framework which defines. Furthermore, tasks performed at each step involved in the software development process. As a general note, the software development life cycle is a structure. Followed by a development team in the software organization. It is a detailed plan which describes how to document, develop, maintain and replace the software. Hence, the. Furthermore, the life cycle of smart contract development clearly defines the methodology. For writing and improving the quality of software and the overall development process. Usually, this process consists of multiple stages: planning, documentation, implementation, testing, deployment, and maintenance. What makes the SOFTTIK platform stand out from its competitors. Is the fact that it has a set of innovative tools, specially tailored. To meet the needs of developers, by streamlining the code writing process as well as the testing phase.

Understanding the UseCase

When developing a software product it is imperative for developers. To build a solid understanding of the domain that the product is focused on. This logic also applies to smart contract development.

Smart contract Development and Testing

During this phase, developers start writing the code for the smart contract.

In order to streamline testing and verification. Hence, the SOFTTIK Developer Platform has a built-in Byte code Analysis which scans the code for inefficiencies and security vulnerabilities.


Hence, Buyers have the option to test a smart contract before purchasing it.

To purchase a smart contract, the buyer needs to select the number of licenses he/she wishes to purchase. (one or unlimited), customize it according to their preferences and deploy it on the Main Ethereum network.

Smart contract development About SOFTTIK

SOFTTIK offers fully integrated services designed to solve the last mile adoption problem. Of the Blockchain and aims to make Blockchain user-friendly for every single device or person. At SOFTTIK, we are able to innovate thanks to our incredible team. Of experts and we offer services for the entire blockchain technology ecosystem. Marketplace for Smart Contracts, community tools for the developers and the blockchain as database services are for enterprises.

Smart contract development In over two years, using cutting-edge technologies and with a clear strategy. SOFTTIK has evolved from the world's first app store for blockchain. Into a complex ecosystem designed for developers'. needs and for enterprises. looking for blockchain solutions. Our mission is to spread and facilitate the adoption of blockchain. Into society and to solve. real-world problems using this revolutionary technology.