With the XinFin's MyContract Web App; Smart Contracts, Tokens issuing as well as ICO management has become simplified

With the introduction of the blockchain technology, we have witnessed numerous parties showing their dedication and interests to participate in this amazing piece of technology. A lot of people had great ideas for numerous projects that could be implemented in the blockchain technology but are usually discouraged by the technical expertise needed to create an effect project. It requires a very tedious task and a very skilled blockchain developer to ensure the smooth running of a blockchain project.
For example, organising an ICO isn't easy as it seems as it requires a smart contract that will be used for the orderly token issuing and the management of the whole entire ICO process. The same can also be said about the asset tokenization where the rights to an assets are being converted into digital currency. As such, there us the need of the skilled developers to keep on working a lot of repetitive tasks, thereby causing a lot of problems.

This brought about the dire need for an automated process that could allow users without any technical programming expertise to be able to participate in the blockchain activities directly.

The XinFin brought about a solution with the introduction of a user friendly Web Based platform called MyContract. This webApp will provide an easy to use service for the creation of cryptocurrency tokens and smart contract without any need for coding. This was made possible by the XinFin hybrid blockchain and the XDC Protocol.

So with MyContract, companies can create, deploy, engage with a suitable smart contract to host an ICO successfully while it automatically takes care of the KYC of its users, maintaining a transactions history, getting live updates on tokens price with options to start, pause or stop a crowdsale.

Making use of MyContract is much more faster and less costly compared to hiring programmers to write the codes as it offers a ready to use platform.