Deploying the Contract

In this chapter, we will learn how to deploy contract on Ethereum. Click on the Run menu option to deploy the contract. The following screen will appear. The contract name is shown in the highlighted list box. Below this, you will notice the Deploy button, click on it to deploy the contract. The contract will be deployed…

Compiling the Contract

Once you write the complete contract code, compiling it in this IDE is trivial. Simply click on the Autocompile checkbox in the IDE as shown in the screenshot below − Alternatively, you may compile the contract by clicking the button with the title “Start to compile”. If there is any typo, fix it in the code window. Make…

Solidity for Contract Writing

Solidity is an object-oriented language especially developed for contract writing. It is a high-level language, which inherits traits from C++, Python, and JavaScript. The Solidity compiler compiles your source code into bytecode that runs on Ethereum Virtual Machine (EVM). For quick understanding of the Solidity syntax, look at the sample code in the IDE.pragma solidity…

Smart Contracts

There are several tools available to develop and test contracts. One of the simplest tools is provided on the official Ethereum site itself. The tool is called Remix, we will use this for our contract development. Remix for Contract Development Open the Remix IDE by typing in the following URL in your browser.https://remix.ethereum.org The following screen…

Introduction

A huge success of Bitcoin raised interest in the minds of several to create their own currencies. Looking at the advantages offered by Bitcoin – a digital currency, people wanted to use the concept of Blockchain in their own applications. People wanted to move out of their physical contracts to smart digital contracts where several…

Conclusion

The Forex trading industry is at a crossroads, with unprecedented changes demanding immediate attention from brokers. Adapting to these challenges is not an option; it’s an imperative for survival. Outdated technology, regulatory compliance, risk management, client education, and ethical practices are the critical internal issues that brokers must confront. Failure to address these issues will…

Ethical Business Practices

Trust is paramount in the Forex industry. Yet, some brokers have tarnished the reputation of the entire sector by engaging in unethical practices such as stop-hunting, front-running, and slippage manipulation. These actions erode trust and drive clients away. To adapt to the changing landscape, brokers must prioritize ethical conduct, transparency, and fair pricing to win…