Like many ideas in the blockchain industry, a general confusion shrouds so called 'smart contracts'. A new technology made possible by public blockchain Technology, smart contracts are difficult to understand because the term partly confuses the core interaction described. While a standard contract outlines the terms of a relationship (usually one enforceable by law), a smart contract enforces a relationship with cryptographic code. Put differently, smart contracts are programs that execute exactly as they are set up to by their creators. It establishes a common set of rules for tokens those are issued by a smart contract of ethereum that have been released through ICO Software Development serves as the many tokens. It is hosted by Ethereum addresses and sent by Ethereum transactions which are based on code generation and all ERC20 tokens developer transact on the same network that your Ethereum wallet uses. Thanks for reading our content. To know more about our services, please visit our website: Mr. Antony Selvan http://www.cryptoappfactory.com/ cryptoappfactory@gmail.com 108,Level 9,Brunsfield Oasis Tower,