Smart contract development is creating digital protocols for validating the conditions of a legal contract between two or more parties. It helps to automate your business operations. Along with being faster and cheaper, smart contacts lower the possibility of manual errors. Smart contracts are also characterized by transparency: all contact provisions are open to all network members. Once the agreement is signed, they cannot change it. Smart contracts have a high level of reliability because they use a security protocol for end-to-end encryption of enterprise-class data. Moreover, the introduction of smart contracts means no need to use paper when concluding transactions. This has a positive impact on the environment. And more and more companies around the world are moving to smart contracts that operate in the virtual world. This is part of corporate social responsibility.