Gateway To Smart Contracts For Fair Transactions Of Crypto, Goods & Services
Blockchain technology's essential component is smart contracts, which enable transactions to be carried out automatically and without the involvement of other parties.
Simply put, smart contracts are computer programs that can instantly carry out a contract's provisions when specific conditions are satisfied. A smart contract might be created that, for instance, would instantly release the $25,000 agreed upon between you and the other party after the item has been delivered.
Although smart contracts can be used for a variety of purposes, financial transactions are where they are most frequently deployed. Because they are decentralized, smart contracts system is not owned or run by a single person or organization. Everyone who participates in it owns it, and nobody may change it without their consent.
Because there are no single points of failure in the system, smart contracts are extremely safe and trustworthy. Everything is automatic and transparent, so users can track everything, so people don't have to worry about getting hacked or things getting lost in transactions.
Zenland is a brand-new method of operating of Smart Contracts. It represents a fresh perspective on agreements and business dealings.
Details About ZENLAND
The Zenland platform is a web3 network that offers marketplace and escrow features. Users can pay for the platform's service fees on both escrow and marketplace contracts using the Zenland fee token ($ZENF).
Early adopters can gain from the project's expansion by using the $ZENF token, which entitles them to token prizes for taking part in hackathons, bug bounties, and other contribution campaigns. Along with receiving profit sharing from the escrow service charge, the token also enables token holders to take part in choices affecting community governance.
Many individuals want to use smart contracts right now, but they don't know how to create them, or they don't have the time or resources to do it themselves. The issue is that development of smart contracts require much knowledge and experience in writing code .
Yet anyone may now easily establish their own smart contracts on the blockchain thanks to a method developed by Zenland. You can create any kind of contract, from a straightforward sale of commodities between two parties to something more intricate like a multi-party escrow arrangement, by using our template system and simply filling in the blanks with the information you want to be included in your contract.
Here are a few advantages of using Zenland:
An escrow agreement can be carried out in a variety of ways. Zenland takes care of that for you. This ecosystem makes use of a decentralized escrow service that stores and manages money via smart contracts.
Within in Zenland platform users can notice
template for an escrow agreement built-in, interface for contract management, Discussion with transaction logs, System of notifications, No contract management or execution by third parties & Time lock funds in a blockchain-based contract rather than someone's personal account.
Zenland enables users to quickly and without any Verification requirements construct an escrow contract. Even better, they may configure their contracts so that the time-locked funds are kept on the blockchain rather than in a specific individual's private account.
Any universal stablecoin currency, such as USDC, USDT, DAI, or BUSD, can be used to transfer and release funds. If users don't want to save every penny at once, what then? Never fear! Partially funded escrow contracts can be created for as little as one dollar each.
Additionally, Zenland has a built-in contract template and interface for managing them, as well as notifications so that users are alerted right away if someone tries to change something mid-contract. And Zenland hasn't even mentioned how simple it is for people to carry out their contracts using our network-user interface synchronization system—both parties on either side of the agreement can stay online throughout their transaction until it's done.
The Zenland team has been putting effort into developing their platform, and they are happy to report that their marketplace and escrow contracts have been fully published.
Also, did you know that using the Zenland platform entitles you to a 50% bonus on your ZENF balance?
That's right, ZENF tokens can be used to pay service fees for all released types of contracts in the Zenland ecosystem, including marketplace and escrow contracts. The $ZENF token is used by the users in Zenland ecosystem to pay for escrow and marketplace contract costs. They can also receive a 50% boost on their balance when they add ZENF to their internal wallet.
Thanks For reading, please endeavor to research more by using the Official links below ;
Buy $ZENF token in presale: https://token.zen.land/
Zenland Website: https://zen.land/
Twitter: https://twitter.com/zenland_app
Telegram channel: https://t.me/zenlandapp
Telegram group: https://t.me/+IhAq7BOiIdU4MTAy
Author Details ;
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