CONTRACTIUM-Proof of Contract Protocol

kofoadams (33)in #blockchain • 6 years ago

The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world.
Because of the access to the internet we are able to get information about one of the most incredible crypto-project which is known as Contractium

Contractium Network is a software designed to showcase the Contractium Proof of Contract (PoC), which is in line with the Proof of Stake (PoS) futuristic model of the Ethereum blockchain rather than the existing Proof of Work (PoW).
Furthermore, Contractium is a decentralized software DApp on the Ethereum network that will allow simplified, secure, trustless transactions for desktop, mobile, and web applications. Contractium was developed using the Proof-of-Contract protocol which focuses on allowing non-technical users and business entities use smart contracts for transactions or even issue their own tokens directly on the Contractium network.

This enables businesses and commercial users to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The cryptocurrency community will provide significant members for the development of the Contractium Network (Proof-of-contract protocol).

NB- "Blockchain and cryptocurrency technology are going to be popularized in many countries such as: Japan, Canada, Israel, Australia, Hongkong, Singapore. and world-wide afterwards.

The internet users will either sign the e-contract and/or smart-contract, which were first proposed by Nick Szabo, who coined the term, in 1994.

The more advance means of payment will be added/applied for all online businesses, as well as the rewards/bonus system for online. consumers."

The Mission

Help contracter & contractee sign the commercial smart contract easily & trustfully.

Make commercial smart contract easy & secured.

Help users earn extra money with their online consumption.

The Vision

Internet users' smart contract

Eliminating print contract.

Replacing online traditional rewards/bonus system.

The Contractium software stands to provide various services among which are:

Peer-to-peer Payment

Smart Contracts

Digitalization of Document and Contracts

Governmental Service

Currency Exchange and Remittance

Token Money Issuance (CTU Tokens)

There are 3 main functions for Contractium:

Smart Contract Creation – Contractium’s smart contract features allows local and international users to create commercial smart contracts easily with out a technical background.

Crypto Payment Gateway – It also provides a simple, secure payment gateway to initialize and finish the payment procedure with plans to integrate 3rd party payment services (E-wallets, E-payment gateways).

Crypto Rewards System – Similar to a customer loyalty points program, Contractium will allow the issuance of their CTU token as rewards. CTU tokens are the fuel to the Contractium network.

ABOUT CTU

CTU is Contractium’s own network currency. It can be compared similarly to Ethereum’s GAS. CTU is essential and works as fuel to utilize the Contractium network. While payments of any cryptocurrencies or a business’s own token can be used on Contractium, CTU is a must have element for signing a commercial smart contract on the network.

CTU can also be used as a form of payment as well. Similar to GAS, CTU tokens’ value will increase as the Contractium network’s popularity and usage increases. Contractium will also have a built in optional “cash back” rewards system where CTU tokens can be rewarded as extra incentives for either buyer or seller for creating smart contracts on the Contractium network.

For example, a transactions takes place between two entities. The buyer in the deal may be offered a cash-back reward in CTU tokens on top of the regular transaction, which will automatically be sent with the regular transaction. This may be optimal for loyalty rewards programs to entice users to make purchases, and is an optional feature on the Contractium DApp.

CTU Wallets have already been made and are available for Web-App, Android, and iOS. MAC App, Windows, and Chrome wallets will be available soon.

ICO Information

ICO price: 1 ETH = 15000 CTU

Minimum contribution: 0.1 ETH

Maximum contribution: 20 ETH

Buying above 20 ETH — Contact Directly: ([email protected])

Soft-cap: 2M USD equivalent to 3000 ETH

Hard-cap: 10M USD equivalent to 15000 ETH

The ICO event has 4 periods as followed:

Private sales: + 65% Bonus

Start date: 7th July 2018 — 8th August 2018

Pre-sales + 45% Bonus