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Smart Contracts

Game Profits in a coming update will be publishing a suite of smart contract available for use on the game profits network. Encompassing trade, character and game item creating including development so keep checking back here for updates !

Game Profits will also be providing custom smart contract creation services to game developers and studio who require deploying them on our network.

What is a smart contract ?

A smart contracts is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are traceable and irreversible.

Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully self-executing, self-enforcing, or both. The aim of smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting. Various cryptocurrencies have implemented types of smart contracts.

smartcontracts.txt · Last modified: 2019/08/17 23:12 (external edit)