Smart Contracts

We recognize the revolutionary potential of technology to enable terms of the agreement to be written directly into lines of code. Toughlex strives to harness the power of these contracts to deliver unparalleled efficiency, transparency and security to a wide range of industries and use cases.
We have not yet mastered the expertise of smart contract development, but we are willing to take on the challenge and produce a commercial solution for your project. Our quality of service may slightly diverge from our other competencies, however we are dedicated to growing with the project. To demonstrate our commitment to its success, we propose a performance-based payment structure, where compensation is only due upon successful completion and acceptance of the project, as agreed upon by both parties.

Smart contract technical evaluation

Smart contract technical evaluation

This is new and emerging technology, so many use cases are still unknown. If you are looking to explore possibilities we have a unique offering. Please share your ideas with us. We will conduct a thorough evaluation of your concept, focusing on the technical aspects such as feasibility of the use case, security and scalability. We will then provide our opinion and advice on whether smart contracts are the appropriate solution for your project.

Smart contracts development

Smart contracts development

The integration of smart contracts into business operations is a multifaceted endeavor that requires the collaboration of experts across the legal and engineering fields. With a particular emphasis on communication to translate natural language contracts into code, we serve to radically change the conventional modus operandi of organizations. Smart contracts are self-executing, automatically enforcing the terms of the agreement without the need for human intervention, thereby streamlining the process and significantly reducing the time and effort required to complete it.

Why do you need smart contracts?

As a business, you are always looking for ways to reduce the burden of B2B operations while maintaining full transparency for all parties involved. Leverage real-world data to generate, send, and process automatically while using fully tamper-proof technologies.

The utilization of smart contracts in B2B operations can significantly reduce human error, which in turn is a great way to further build trust with your partners. Their versatility is truly remarkable, as one smart contract can trigger another, giving rise to an array of complex systems that can execute a series of actions. The potential applications are truly boundless and a lot is yet to be discovered.
Smart contracts revolutionize operations by introducing a new level of automation and efficiency while enforcing agreement of all parties. The ability to automate tasks and procedures, such as invoicing and granting access levels, eliminates the need for manual intervention and reduces the possibility of errors. Furthermore, chaining smart contracts together enables even more extensive automation throughout various processes and tasks.
Improve cash flow and accuracy of budgeting plans by triggering and executing actions as soon as the predefined conditions are met. This can be done in real-time by using oracle services which provide external data or using in-house sensor data.
All parties can see the terms and conditions of the contract, as well as its execution, providing transparency and accountability. Additionally, the immutable storage of the smart contract code on the blockchain allows for anyone to inspect and verify the contract's logic and functionality.
Time to build a smart contractToughlex is a software development company with a huge interest in this field. As smart contracts are just emerging into mainstream business, we are looking to be involved in pilot projects. Utilizing our network of skilled smart contract developers, our aim is to cultivate this expertise in-house. We put a strong emphasis on effective communication, which is the primary driver for translating natural language contracts to code. Using our existing know-how, we engineer enterprise-grade products in various industries.

Why us?

Fast, clear and proactive communication. All our team members are fluent English speakers.
Direct contact with every team member. You won't even know it's a remote team.
Transparency and ethical time-logging.
Professional insurance – just in case.
Business analysts with an out-of-the-box approach.
Working hours overlap with Europe, the Middle East, Africa, and the USA.
Cost-effective services with no last-minute surprises.
A huge network of experts in different fields.
A hand-crafted cooperation model for each business case.
Let’s work & build something great together.
Drop us a message, and we'll be glad to help.