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What is Alta?

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  • Author: Coinranking
  • Reading time: 4 minutes

Alta Token (ALT) is a BEP-20 Token on Binance Smart Chain BlockChain. It's aim is to Make a Fast and Secure Exchange, Lending and Borrowing Platform and NFT Marketplace, with a Total Supply of 100 Quadrillion there is enough ALT for everyone. Buy and Sell Alta Token (ALT) with ease on Supported Exchanges, we are listed on Pancakeswap, and more Exchanges coming soon. you can use ALT on BEP-20 Enabled Tokens like Trustwallet, Contact Alta Token (ALT) on Telegram or Twitter.

A decentralized Cryptocurrency, Which can be used for NFT Purchases or to invest on Alta Token (ALT) Exchange Platform which is a secure and fast cryptocurrency exchange. Enjoy low to zero Fees with ALT. $ALT Total supply is 100,000,000,000,000,000 to insure every Person can get some $ALT to invest. Contact Alta Token (ALT) on Twitter or Telegram for more information and partnerships or if you wanted to contribute to the project.

BlockChain and Smart Contracts

Smart contracts are lines of code that are stored on a blockchain and automatically execute when predetermined terms and conditions are met. At the most basic level, they are programs that run as they’ve been set up to run by the people who developed them. The benefits of smart contracts are most apparent in business collaborations, in which they are typically used to enforce some type of agreement so that all participants can be certain of the outcome without an intermediary’s involvement.

Benefits: Speed and accuracy: Smart contracts are digital and automated, so you won’t have to spend time processing paperwork or reconciling and correcting the errors that are often written into documents that have been filled manually. 5 Computer code is also more exact than the legalese that traditional contracts are written in.

Trust: Smart contracts automatically execute transactions following predetermined rules, and the encrypted records of those transactions are shared across participants. Thus, nobody has to question whether information has been altered for personal benefit.

Security: Blockchain transaction records are encrypted, and that makes them very hard to hack. Because each individual record is connected to previous and subsequent records on a distributed ledger, the whole chain would need to be altered to change a single record.

Savings: Smart contracts remove the need for intermediaries because participants can trust the visible data and the technology to properly execute the transaction. There is no need for an extra person to validate and verify the terms of an agreement because it is built into the code.

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