--- title: Development of smart contracts url: "https://www.unknowngravity.com/en/servicios/company-development-smart-contracts" site: Unknown Gravity published: "2023-12-18T07:59:23+00:00" modified: "2026-07-15T10:51:35+00:00" language: en-US description: Specialized in the creation of smart contracts safe, efficient and scalable adapted to your specific needs. section: "Home > Development of smart contracts" --- # Development of smart contracts > A smart contract is a program that runs automatically on a blockchain when the conditions written into its code are met, without an intermediary. Development covers specification, coding, testing and auditing before deployment. Unknown Gravity develops smart contracts in Solidity for EVM networks. CUSTOM-BUILT SECURITY & SCALABILITY AUDITED CODE [Book a meeting](/en/meeting) A smart contract is a program that runs automatically on a blockchain when the conditions written into its code are met, without an intermediary. Development covers specification, coding, testing and auditing before deployment. Unknown Gravity develops smart contracts in Solidity for EVM networks. **Specialized in the creation of smart contracts****safe, efficient and scalable****adapted to your specific needs.** ## 01 / Company specialized in the development of smart contracts In today's digital world, smart contracts are the key to secure and automated transactions. And that's where having an expert company comes into play. In our case, we don't just limit ourselves to writing code; **we analyze, optimize and test each function**, for the purpose of **reduce any risk and to develop a smart contract (*Smart Contract*) tailored to you.** **Working with experts is not a luxury; it reduces the risk of costly errors and of contracts that do not do what they say.** ## 02 / What is a smart contract? Smart contracts or by their acronym in English *'smart contracts'*, are programs that execute automatically when predefined conditions are met, facilitating and verifying operations between parties without the need for intermediaries. These contracts are stored on the blockchain, which results in ensuring security, transparency and avoiding the manipulation of contract information. Their name can be confusing, because they are not contracts in the legal sense of the term, and they are not intelligent either, since **are conditional automatic execution programs.** The use of smart contracts in today's business environment is increasingly frequent, and multiple sectors are already being used, such as: - **Financial sector**\ Enabling the automation of payments, loans and other financial services, leading to reduced costs and time of these processes.\ - **Real estate sector**\ For example, it can allow a property to be divided into “tokens” or fractions. But the token does not divide or transfer ownership of the property: ownership passes by title and delivery, with a public deed and registration at the Land Registry (Art. 609 CC, Art. 1280.1 CC and Art. 2 of the Spanish Mortgage Act). What is fractionalized are the economic rights of a vehicle that does hold title, and that fractionalization is usually a transferable security under the LMVSI. If the model resembles crowdfunding, raising funds from third parties requires prior CNMV authorization (Art. 12.1 of Regulation (EU) 2020/1503). - **Logistics sector\**Taking advantage of the features of smart contracts to track products from their origin to their arrival to the final consumer. This ensures the authenticity of the products and makes it easier to manage inventory in real time. ## 03 / Our smart contract development process In **Unknown Gravity**, we follow a comprehensive approach that includes the **strategic planning, secure development, auditing and deployment in blockchain**. We ensure that every smart contract meets the highest quality and security standards. ## 04 / Benefits of smart contracts for companies ### Efficiency and speed Due to automation, smart contracts are able to eliminate the need for intermediaries, accelerating transactions and reducing waiting times. ### Security and transparency When operating on the blockchain, transactions are recorded immutably and are accessible to all parties involved, reducing the risk of fraud and ensuring their integrity. ### Reducing costs As mentioned above, its automation and middleman reduction features also help reduce the cost of document management and repetitive tasks. Legal advice does not disappear: the legal structure of the contract is still needed, and the smart contract merely executes it. ### Global accessibility They allow companies to operate in the market and more efficiently. Because of its blockchain-based infrastructure, companies can interact and transact with partners in different countries. Without red tape, no: crypto-asset transfers require identifying the originator and the beneficiary (Regulation (EU) 2023/1113), and anti-money-laundering obligations (Law 10/2010) and the tax treatment of each transaction still apply. ## 05 / Why hire a specialized company to develop your smart contracts? **We must start from the assumption that hiring experts is not a luxury, but a wise investment.** And what is this due to? Although it seems like a good option a priori to develop your smart contract internally or with an inexperienced team, it's important to understand that you don't have the experience and knowledge that an expert team can provide. **The right tools, a strategic approach and a vision based on seniority are factors that make the difference.** Trying to make a smart contract without experience can lead to costly errors, inefficient contracts and even legal risks that can result in compromising your project. FAQ ## Frequently asked questions **On which blockchain can Smart Contracts be developed?** We develop Smart Contracts on networks compatible with the Ethereum Virtual Machine (EVM), including **Ethereum, Binance Smart Chain (BSC), Arbitrum, Polygon, BASE and more**. The choice of blockchain depends on the needs of your project, the cost of transactions and scalability. **How do you guarantee the security of Smart Contracts?** Safety is our priority. We apply **unit tests, internal audits and manual code review** to detect vulnerabilities before deployment. In addition, we follow the best security practices in Solidity, minimizing risks such as **reentrancy attacks, overflows and unauthorized access**. **What do I need to start developing a Smart Contract?** We just need to know your idea and objectives. At the first meeting, we analyze your case and define the technical requirements. Then, we designed the logic of the contract, developed it, tested it on a testnet and finally deployed it on the chosen blockchain. This page is informative. It is not legal, tax or investment advice, and it does not replace a case-by-case review. The rules cited change: check the current version on [BOE](https://www.boe.es) and [EUR-Lex](https://eur-lex.europa.eu). 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