Hi meet me again in my article, this time I will review a little about unique innovations and also smart decentralization. This project improves security for investors and also prioritizes equity in many ways, let's see my article on W12.
W12 creators intend to make their project the largest decentralized solution for financial transactions based on blockchain technology. The main mission of the project is to modernize traditional financial markets by turning them into digital forms, as well as providing infrastructure for the creation and development of projects based on block chain technology.
Problems that exist
the main of the traditional economic system is that the parties do not trust each other. To make payments and solve problems, they must use other countries and institutions. The current system is characterized by slowness, high costs and low transparency.
Decision
The W12 platform developers intend to create decentralized infrastructure in blockchain technology, where trust between parties is no longer needed. All disputes will be resolved quickly, easily and, most importantly, free. The state will no longer influence consensus adoption - smart contracts will do it.
The W12 creators will use the technology they make at the ICO market, which brings huge losses due to a lack of trust between token buyers and project developers. Investors who participate in the ICO and invest in projects at an early stage bear significant risks. According to statistics from a recent study, more than 81% of projects on the network might cheat. According to the same study, only 3.8% of those who successfully operated in real life.
W12 offers to make all financial transactions based on W12 smart contracts that do not require trust between buyers and sellers. As a result, project developers receive funds from investors only after fulfilling their obligations to them. List of obligations determined in the road map. The W12 project broke the wall of distrust between people and opened up great opportunities for projects and companies to develop through financial support. This scheme protects investors from Scam projects who have no obligation to their depositors and are made solely for profit purposes.
Description and function
The W12 allows users to enter into any contract in the blockchain technology, without being able to program. Decentralized networks transfer proven information from the outside world to the block chain and confirm the successful implementation of smart contract scenarios.
W12 technology solutions include:
- Block networks based on consensus building;
- W12 digital contract;
- Mechanism of automatic decision making and voting;
- Algorithm for signing digital contracts;
- Platform to sell tokens;
- Mechanism of diversifying funds from one cryptocurrency to another and blocking them if necessary (based on verification results).
Advantages
The W12 platform offers its users the following benefits:
- Transparency. The number of W12 tokens in circulation always corresponds to the number of standard project backup ICO tokens. W12 developers intend to provide their users with an open source code, thanks for that they will be able to check the token ratio. All data about the number of tokens will be published every day on the official website of the project. Regular professional auditing is an integral part of W12 operations.
- Automation. All smart contracts are fully automatic. Their placement does not require special technical knowledge.
- No initial fees. To attract investors through W12, project developers do not need to invest.
- There are no restrictions on fundraising. The project will be able to use the W12 token as an additional source of funding and attract new investors outside the platform in whatever way they feel.
Token sale: https://tokensale.w12.io/?utm_source=bounty&utm_medium=bitcointalk&utm_campaign=text-blog
WEBSITE: https://tokensale.w12.io
TELEGRAM: https://t.me/w12io
WHITEPAPER: https://tokensale.w12.io/W12-en.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=3220425.0
FACEBOOK: https://www.facebook.com/w12.io/
TWITTER: https://www.facebook.com/w12.io/
REDDIT: https://www.reddit.com/pengguna/W12io /
MEDIUM: https://medium.com/@w12io
LINKEDIN: https://www.linkedin.com/company/w12io/
GITHUB:https://github.com/w12-platform
Author: assyfa
Profile: https://bitcointalk.org/index.php?action=profile;u=1348503
My Eth: 0xCa53A32ab48cF8bA4eC4A494bA4e95ceC26Fe71d