Wednesday, September 12, 2018

CONTRACTIUM



Like many ideas in the blockchain industry, a general confusion shrouds so called 'smart contracts'.A new technology made possible by public blockchains, smart contracts are difficult to understand because the term partly confuses the core interaction described.While a standard contract outlines the terms of a relationship (usually one enforceable by law), a smart contract enforces a relationship with cryptographic code.Put differently, smart contracts are programs that execute exactly as they are set up to by their creators.
By contrast, ethereum replaces bitcoin's more restrictive language (a scripting language of a hundred or so scripts) and replaces it with a language that allows developers to write their own programs.Ethereum allows developers to program their own smart contracts, or 'autonomous agents', as the ethereum white paper calls them. The language is 'Turing-complete', meaning it supports a broader set of computational instructions.
Smart contracts can:
  • Function as 'multi-signature' accounts, so that funds are spent only when a required percentage of people agree
  • Manage agreements between users, say, if one buys insurance from the other
  • Provide utility to other contracts (similar to how a software library works)
  • Store information about an application, such as domain registration information or membership records.
Contractium is a decentralized software that is based on Ethereum smart contract, which helps users create smart contract easily via desktop- / mobile- / web- app.Contractium will eliminate the print contract that requires signatures between two or more parties and/or notarized by the public notary or the other third party. Contractium is a commercial smart contract software for guaranteed contract agreement between a contractor and contractee. More than this, as a software, it provides a set of integral features (devoid of downtime, censorship, fraud or external influences) which are very useful to the businesses, marketplaces and commercial users.
Contractium, as a software-as-a-service, helps businesses use it as:
1. A payment gateway (majorly in those countries that accept cryptocurrency as part of their international liquidity).
2. An online rewards system (in the rest countries of the world).
The Smart-Contract-App enables end users to create commercial smart contracts to work together. What this does is quite an intuitive simplification of the complicated process of creating smart contracts and deployment of same on the Blockchain by anyone just with clicks, drags-and-drop through its unique User Interface. Smart Contract as defined above changes how man interacts with each other and how best to conduct business relations. In a changing world where privacy, trust, transparency etc are very much paramount to contractual parties, utilizing a technology which provides such amazing features as the Blockchain through smart contracts is imperative to sustainable success and Contractium Network makes it just possible.
The Tokenize-App empowers business users to create and issue tokens on the Ethereum Blockchain and on other chains with or without any technical knowledge or skills. With businesses striving to grasp the complexity of issuing tokens to use in their businesses as native currencies to power their platforms, ample time is lost in the process of undergoing various training to understanding the technicalities involved. The norm which stands as the alternative is to contract the services of professionals either as competent staff member or otherwise sub-contracting it to tech agencies capable of integrating the required infrastructure for this technology. This equally comes as an additional cost or increased expenditures for the enterprise thus reducing profitability.
Therefore based on these challenges Contractium Network provides the Tokenize App empowering businesses to create, issue and use cryptocurrencies to level the playing grounds for both big and small enterprises by bringing equal opportunities to everyone in this era of blockchain and cryptocurrency industry with its mission and vision of “privatization of money” which it believes will re-establish, reset and restore the world economy in the next decade.

TOKEN & ICO EVENT

The detail of Contractium tokens:  

Token symbol: CTU  
Token supply: 3,000,000,000  
Token for sales: 1,500,000,000  
ICO token-price: 01 ETH = 15,000 CTU  

Token allocation:

Pre-ICO & ICO: 900,000,000  
Contractium Team: 200,000,000  
Foundation reserved: 100,000,000  
Advisors & Partners: 100,000,000  
Bounty & Marketing: 200,000,000  

The ICO event has 4 periods as followed:  

Private Sales: From 7th July 2018 t
o August 2018 ( as planned)  
Pre-Sales: From August 2018 to September 2018 (as planned)  
Public Sales: From September 2018 to October 2018 (as planned)  
Token Sales: From October 2018 to November 2018 (as planned)  

For moreinformation please visit links:
Website
https://contractium.io/

ICO page
https://ico.contractium.io/

Mobile app store
https://play.google.com/store/apps/details?id=com.contractium

Social media account:
Twitter: https://twitter.com/contractium
Telegram: https://t.me/contractium
Facebook: https://www.facebook.com/contractium.io/
Linkedin: https://www.linkedin.com/company/contractium-io/
Youtube channel: https://www.youtube.com/channel/UCdNLXQrp7sn6lNeqOYOz_wQ
Twitter account of CEO: https://twitter.com/contractium_CEO
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Author:
pageraji

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