Smart contracts are executed when certain pre-programmed conditions are met. Smart contracts facilitate trade between anonymous parties as well as the identified ones since there is no need for the presence of middlemen. The list of key advantages of smart contracts includes security, disintermediation, transparency, and near real-time execution. Smart contracts ensure the credibility of transactions and thereby promote trust between the industry players.
Fantom utilizes Ethereum Virtual Machine in the backend. Smart contracts are written in Solidity and their functioning on Fantom is similar to their functioning on Ethereum. A developer needs to send a Fantom transaction with bytecode without specifying recipients. Developers can use different Solidity-related tools to deploy smart contracts on Fantom such as Remix, Hardhat, Truffle, and Brownie.
Hacken security specialists are experienced in auditing smart contracts deployed on Fantom. Fantom is a rapidly growing ecosystem attracting a high number of promising projects. Hacken specialists apply the novel methodology to auditing Fantom smart contracts to ensure the efficiency of the interaction process between our team and a client.