Bitcoin Forum

Bitcoin => Project Development => Topic started by: yrashk on October 27, 2014, 05:58:09 PM



Title: [ANN] Trustatom, practical smart contracts
Post by: yrashk on October 27, 2014, 05:58:09 PM
Hi,

Somebody once said to me "smart contracts are like high school sex, very few have actually done them..." and I realized that the moment one steps out of our little nice bubble, even the very term "smart contracts" raises eyebrows. (Heck, even inside the bubble, while people generally know what it is about and what it is for, very few have actually engaged in those types of transactions.)

This was one of the reasons why earlier this year I've started a new company, Trustatom. The idea was to build ready-to-use, highly specific smart contracts and market them across different markets. We've started with document certificates (an improved version of proof of possession) and joint escrows (escrows without a third party). Some interesting announcements are in the pipeline.

The product is still in its early beta (and certainly has some rough edges, some of which are already known and some are yet to be discovered :), and I wanted to give the bitcointalk community the opportunity to help shaping the product that's being marketed to users primarily outside of the core Bitcoin community. Any feedback is really welcome!

You can sign up and try it out at https://trustatom.com (https://trustatom.com)

Cheers,
Yurii
https://angel.co/trustatom (https://angel.co/trustatom)


Title: Re: [ANN] Trustatom, practical smart contracts
Post by: starsoccer9 on October 27, 2014, 10:15:17 PM
Hi,

Somebody once said to me "smart contracts are like high school sex, very few have actually done them..." and I realized that the moment one steps out of our little nice bubble, even the very term "smart contracts" raises eyebrows. (Heck, even inside the bubble, while people generally know what it is about and what it is for, very few have actually engaged in those types of transactions.)

This was one of the reasons why earlier this year I've started a new company, Trustatom. The idea was to build ready-to-use, highly specific smart contracts and market them across different markets. We've started with document certificates (an improved version of proof of possession) and joint escrows (escrows without a third party). Some interesting announcements are in the pipeline.

The product is still in its early beta (and certainly has some rough edges, some of which are already known and some are yet to be discovered :), and I wanted to give the bitcointalk community the opportunity to help shaping the product that's being marketed to users primarily outside of the core Bitcoin community. Any feedback is really welcome!

You can sign up and try it out at https://trustatom.com (https://trustatom.com)

Cheers,
Yurii
https://angel.co/trustatom (https://angel.co/trustatom)


Neat site, but it doesnt seem to work in firefox


Title: Re: [ANN] Trustatom, practical smart contracts
Post by: bitzcointalk on October 28, 2014, 01:53:01 AM
 >:(

http://www.vnbitcoin.org/litecoincalculator
http://www.vnbitcoin.org/bitcoincalculator


Title: Re: [ANN] Trustatom, practical smart contracts
Post by: Dumbo on October 28, 2014, 01:57:04 AM
Funny thing! I was added two sites like this to my startup/project list earlier today:

https://bitcointalk.org/index.php?topic=829789.0

I added this to the list too :)

Seems like Projects like these are popping up everywhere (contracts using the blockchain). It will be interesting to see if these products actually take off. I for one hope they do  ;)

So how are you different from these two?

  • https://blocksign.com/
  • http://www.proofofexistence.com/about


And good work on the site!


Title: Re: [ANN] Trustatom, practical smart contracts
Post by: yrashk on October 28, 2014, 11:40:19 PM
So how are you different from these two?

  • https://blocksign.com/
  • http://www.proofofexistence.com/about


There is a couple of differences. On the document certification side, Trustatom doesn't upload documents to the server unencrypted (it doesn't upload them at all at the moment, but there will be an encrypted vault functionality). Besides that, Trustatom makes use of private keys known only to the user so that only the user can prove their submission at a later time. Lastly, there is also a private fingerprint mode that helps avoiding putting file's fingerprint to the blockchain as is (for others to discover). What Trustatom lacks comparing to BlockSign right now is the ability to add a visual signature to the file.

On the grander scale of things, Trustatom's functionality is not limited to certification. It already has joint escrow functionality (escrow without a third party) and there will be more coming.

Does this answer your question?

Quote
And good work on the site!

Thanks!