IOLITE: Write Smart Contract In Your Language

Introduction
Why don't you trust strangers? One of the reasons could be related to the element of trust, which misses in the conversation and this creates enough room for fear between both the parties. Many third party take advantage of the missing trust to secure their profit. Banks, lawyers and many service provider do engage on a daily basis to solve this particular problem in a variety of task in their professional life. In fact, they are the bigger authority now because of the sheer amount of power they control in the negotiations between the two parties.
The amount required to pay them increases day by day as their power in the transactions. The era of Blockchain has brought a new set of tools to establish trust among partners entering into the deal. The Ethereum blockchain became one of the early developers of the Smart Contracts which brought significant revolution in the cryptocurrency market. The evolution is yet to be complete as we see the launch of various services on the premise of Smart contract.
Since it is still in infancy there is a scarcity of blockchain and smart contract developers around the world. The companies are not able to find reliable smart contract developer. And, the process of Smart contract development is risky, lengthy and expensive. This becomes the biggest roadblock to the mainstream adoption of the blockchain technology. Companies require a simple process which can be done with security Independence.
SOLUTION OFFERED
IOLITE has come as a true friend to the companies who were finding it tough to integrate the blockchain technology. The company has developed a system which takes text or programme as the input and converts it to the target machine language.
This allows the company to reduce their dependency in the particular set of programmers who were specifically required to develop the smart contract. IOLITE Blockchain will be integrated into popular IDEs which anyone can invoke to access.
ICO INFORMATION AND TEAM
ILT Tokens are created for the people to be part of the project and various other purposes. A total of 10,000,000 ILT Tokens are created. The bounty campaign is announced on the website but the ICO dates are still not confirmed. The team working on the project has years of experience in the field of technology and entrepreneurship and Blockchain.
Conclusion
They have found massive support from the crypto community as they have tried to solve one of the core problems of the community. The development of smart contract is the key feature to create a project to develop an idea based on the blockchain technology.
They believe that their technology will help the people who were thinking of entering in the blockchain world, as they have found a smoother way to do so. The most important thing required to complete a transaction is the trust between the engaging parties. Smart Contract has proved to be a successful way to eliminate the need for any intermediary or third party in the transaction between two parties.
Providing a solution to accelerate the process of smart contract development will boost the mainstream adoption of the blockchain technology. Anyone can be part of the Blockchain world using the capability of the IOLITE platform. I think they will be one of the most valued company in the near future. So, are we ready to write a smart contract in the language we like?
To know more visit:
Website : https://iolite.io/
Published By: Kishan748

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