A blockchain is a ledger of transactions that are distributed across the participating nodes in a network. It is a decentralized database of the records of every single transaction that has been executed, finalized and divided among the participants of the blockchainsystem. Blockchains run on peer-to-peer (P2P) networks where there is no central server and all the nodes (computers) in the network are responsible for maintaining node integrity . Blockchain technology utilizes cryptography as a means to allow each participating node in the P2P network to update the blockchain without the need for a central authority. Each node maintains a list of the complete blockchain which is updated upon every completed transaction.
ABOUT CONTRACT VAULT
Every crypto enthusiast knows that Blockchain creates contractual trust – and plenty of crypto startups already promise contracts. But Contract Vault is a much bigger proposition: the Contract Vault platform means anyone can develop, use, resell, customise and repurpose legally sound contracts – including activating smart functionality with no programming at all.
It’s a toolkit for building contracts as simply as drag-and-drop; a marketplace for selling them; and a secure environment for witnessing them. And it’s also a home for tomorrow’s smart contract automation. Effectively “confidence as a service”, Contract Vault empowers everyone from lawyers to ordinary people to make strong, binding agreements. Contract Vault is the new world of trust. And as well as creating seamlessness and reducing cost in existing transactions, the transparency and smart functionality of the platform means Contract Vault is ready to power emerging business models:
Token Sale (TGE): a record of truth, entitlement and ownership on one platform
Tokenized Asset Trading: market functionality, entitlements and transfers, plus complex trading mechanisms all wrapped in transparent smart functionality
Peer to Peer: insurance, crowd-lending, private share trading, micropayments etc.
BENEFITS OF CONTRACT VAULT
1.LEGALLY-ENFORCEABLE SMART CONTRACTS
Use Ricardian Contracts to combine traditional legal contracts with smart contracts, ensuring their legal enforceability and enabling the transfer of physical property and rights on the blockchain.
2.RICH ECOSYSTEM
Through Contract Vault's rich ecosystem of legal advisors, blockchain experts and businesses, users gain access to expert advice, arbitration and mediation.
3.ACCESSIBLE
Our intuitive interface allows anyone to create, test and manage traditional and smart contracts using only a browser or mobile device.
4.MARKETPLACE
Access, customize and deploy a wide variety of legally and technically audited contract templates. Rate and discuss contract templates or access legal and technical advice directly.
Create your own traditional or smart contracts or modify existing contracts to suit your needs using our visual SmartEdit tool and natural-language processing.
Law firms, banks, insurances and other businesses can offer their own white-labelled version of Contract Vault to their customers.
7.POWERFUL
Create any kind of contract, from simple conventional loan agreements to entire Legal-, Insure- or Fintech applications that leverage on-chain and off-chain events.
8.ENTERPRISE-READY
Our API enables enterprises to create or enhance applications by integrating their existing processes with smart contracts without spending months developing them.
9.DEVELOP NEW SALES CHANNELS
Businesses and service providers gain access to new customers through an opt-in advertising platform which incentivizes users for using their services.
WHO ENJOY THESE BENEFITS?
Consumers
Use professional traditional contracts and smart contracts effortlessly without legal or technical knowledge. Access legal experts and technical advice quickly and easily. Benefit from special offers from our rich ecosystem.
Enterprise customers
Create new or enhance your current applications by integrating smart contracts with your existing business processes. Offer targeted services to Contract Vault users based on the type and contents of their agreements.
Law firms
Expand your reach and range of services in the world of legally-enforceable smart contracts. Simplify your existing workflows and optimize conventional contract creation. Bring your services and expertise closer to potential customers by empowering them with easily-accessible content and on-demand advice.
Legal professionals
Sell your contract creations, provide arbitration and mediation services and offer your legal expertise directly to consumers and businesses on the Contract Vault marketplace. Bridge the gap between traditional and smart contracts.
Small business customers
Optimize your business processes by easily connecting smart contracts to your applications. Reduce administrative costs by managing your contractual agreements on the Contract Vault Platform. Bundle our services as an additional benefit to your customers.
Smart contract developers
Meet exactly the people who need your technical knowledge. Offer smart contract creation, auditing and advice to consumers and businesses on our marketplace. Benefit from our visual and validation tools while deploying and managing smart contracts.
Token Details
Token: VLT
Publisher Token: Token Vault LTD
Received: Ethereum ERC-20
Total supply: 900,000,000 VLT
Minimum Target: 1,000,000 CHF
Maximum Target: 45.000.000 CHF
Token Sale
PRE-CROWDSALE
December 1, 2017 - January 31, 2018
Phase completed
PHASE I
May 1, 2018 - May 15, 2018
STAGE II
June 1, 2018 - June 15, 2018
For more information please visit;
Website: https://www.contractvault.io/
Ann Thread: https://bitcointalk.org/index.php?topic=3463255.0
Twitter: https://twitter.com/Contract_Vault
Facebook: https://www.facebook.com/contractvault.io/
Telegram: https://t.me/cvchat
Whitepaper: https://www.contractvault.io/token/#document-assets
Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=1930778