Application development life cycle management

As mentioned before, every serious application has some development process built around it. Typically, it involves designing, building, testing, and deploying. The contract ALM is no different from any other software or programming development life cycle. The first step in contract development is to get and finalize requirements about the problem under consideration. Requirements form the starting activity for any decentralized application. Requirements contain descriptions of problems, use cases, and detailed testing strategy.

Architects take functional and technical requirements as their inputs and create application architecture and design. They also document them using notations easily understandable by others. The project development team takes these architecture and design documents and breaks them down into features and sprints. The development team starts working on building contracts and other artifacts based on this documentation. The...