Latest posts of: etherparty

The Easy to Use Smart Contract Creator

Etherparty is a contract wizard that removes the complexity of
creating, managing and executing smart contracts on any blockchain

ETHERPARTY.COM

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THE ETHERPARTY BETA PROGRAM IS LIVE!

Sign up here: https://demo.etherparty.com

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ABOUT

Etherparty is a platform that removes the complexity and management of creating and executing smart contracts. Etherparty is an easy-to-use
smart contract creator that allow users to compile and deploy smart contracts with zero programming or smart contract syntax knowledge.

WHY ETHERPARTY?

No Other Tools or Software Required - Using Etherparty means that you won't need to install anything else like Geth, Meteor, or Mist to
run smart contracts.
Custom Templates, No Code Required - Your contract drafts are always available and ready to execute without the need to code. Log in
from wherever you are and deploy.
No Sync Required - Etherparty works directly with the Ethereum network so there’s no delay for software to sync to quickly execute a
contract.
Infinitely Scalable - Etherparty's framework allows for infinite scalability to match the needs of the Smart Contract as necessary.
Process Automation - Deploying Smart Contracts rely on a back end of packages, modules, and libraries. Etherparty automates this
process to just a few clicks of a button.
Always On - The Etherparty cloud enables you to login from anywhere in the world and seamlessly pull up your Smart Contract drafts.
Click to Deploy - Execute Smart Contracts in less time without the hassle and complexity of setting up and maintaining the network
requirements.

ETHERPARTY PROOF OF CONCEPT (POC)

The current website architecture is derived from a proof-of-concept (PoC) application and is designed to show common features such as sign-on,
selection of a contract, the challenging of another user, acceptance of the contract for each user, and deployment of the contract. This is done
using the platform user interface and through the use of “FUEL”, the platform token for transactions. FUEL tokens will be used to pay for the
creation of smart contracts on the platform.

Etherparty allows a user to write a smart contract or choose a contract template through a system of drop-down menus. Etherparty is based
on distributed website architecture with secure sign-on, contract selection, engagement of other users, acceptance of the contract for each user
and deployment of the contract. The current application includes a wagering contract for professional baseball that should be considered as a
simple look-and-feel demonstration.

Interaction with the platform is achieved through the user interface. Etherparty will charge fees in fuel so that users only have to use one token
to operate and run applications.

The application is structured as a tiered subscription service that starts off free for users to access and execute one-to-two contracts per month.
The second tier will be set with a higher contract limit, while the third tier will increase upon the previous tier, with even higher limits and the
enterprise API will allow businesses to keep their existing contracts and processes but turn them into smart contracts or executable decentralized
contracts on the blockchain of their choice. First integration is Ethereum, next is Bitcoin.

ETHERPARTY HAS RELEASED A BETA FOR THE COMMUNITY TO TEST AND PROVIDE FEEDBACK.

CHECK IT OUT HERE.

Check out our walkthrough videos for 2 of the smart contracts available on our Beta.

Etherparty Beta: Escrow Contract Walkthrough

https://youtu.be/3wn9t7dzxqQ

Etherparty Beta: Token + Crowdfunding Contract Walkthrough

https://youtu.be/PL9KKcAZJwE

USE CASES

Etherparty opens the blockchain to the world. The platform is applicable for the writing and deployment of a range of smart contract solutions
across a variety of industries and situations, including banking, trade finance, healthcare, supply chain management, insurance, foreign
exchange trading, real estate, digital identity, and more.

Smart contracts offer substantial benefits by automating contractual agreements, which reduce transactional friction, cuts costs and boosts
data security. Any type of contract can be made better by using smart contract technology.

Financial Services

Milestone-based payments

Problem: Handled by traditional means, the process of managing a payment process with another party can lead to discrepancies, error and
confusion. Whether a personal agreement or a business contract with payout based on defined parameters, there is room for mistakes,
disagreement and lost paperwork which can amount to trouble.

Solution: A smart contract agreement can automate the payment process between parties, distributing funds and notifications automatically,
once it’s been determined terms have been met.

Manufacturing

Supply chain management
Trade finance

Problem: Tracking goods and information, especially across international lines, can be a hassle and a lengthy process given current workflow
approval processes and the reliance, still, on paper-based systems.

Solution: With Etherparty’s Enterprise package, integrating any information system into the platform is simple and streamlined. Write a smart
contract to bring all parties onto a single, shared ledger and reap the benefits of speed, security and transparency of digital ledger technology.

Cross-Industry

Peer to Peer Transactions
Contractor agreements
Contracts with executable conditions (e.g. Smart probate or smart wills)
Record Keeping

Problem: From a simple wager between two individuals to maintaining a record of data, the Internet has turned physical interactions digital.
The core value of trust remains.

Solution: Smart contracts and blockchain technology can alleviate concern over a breach of contract or the veracity of a digital record. By
establishing appropriate terms, Etherparty makes it easy and helps guide users through, a contract will auto-enforce any agreements settled as
outlined by each party. Further, a smart contract can hash a record to the blockchain, which removes any degree of ambiguity over the digital
upload.

Legal

Forming a Business
Corporate Filing

Problem: A lot of paperwork to manage and keep track of, uncertainty over whether something has been filed or modified.

Solution: Business formation and corporate filings stored in a shared ledger, immutable, offers the most rigid and secure method to set your
business up. Not to mention a significant reduction in cost and time cutting out the intermediaries.

ICO Creation

ROI
Budget
Speed of execution and go to market

Problem: Finding reliable smart contract developers, delivery time-frame, cost of Token and Sale Contracts development, testing...

Solution: With Etherparty you can create an entire ICO campaign in minutes not months and at a fraction of the cost. Create your token, create
the crowdfunding contract, create your escrow, create your ICO page and then you are ready to launch.

And Many More...

Types of contracts

The full list of system-wide contracts that Etherparty will make available initially is still to be determined.
For a start, here is a list of potential contracts:

Voting contracts, Ballot Box
Notary Service
2-person escrow contracts
Family Trust
Money Manager
Corporate Stock
Crowdfunding
Timesharing
Timelocked Vault
M of N (multisignature) escrow
M of N (multisignature) vault
Real-Estate Sales
Supply-Chain Management needs
DAO & DAC’s
Customizable user created contracts

THE TOKEN (FUEL)

FUEL Tokens are the key to using Etherparty, they manage the contract library, security testing, network fees, monitoring, and management
of the entire smart contract process. FUEL is a transferable ERC-20 compliant digital token deployed on the Ethereum network, and is the
in-app currency that powers the Etherparty platform. The FUEL token serves as a method of validating the user’s interactions with Etherparty
and will allow users to buy, execute, or barter for other smart contracts on the platform.

In the future, FUEL will serve as access for smart contracts on multiple blockchains, integrating these disparate blockchains into one unified
view within the Etherparty platform.

The total supply will be one billion FUEL tokens and will never be increased beyond this cap. The smallest unit of FUEL is one wei. Tokens that
are used on the platform will go back into the platform supply. We will provide a service for users to purchase FUEL from this supply.

Allocation

Only one billion FUEL tokens will ever be created. The FUEL tokens are intended to be allocated as follows:

40% (400,000,000) to be sold by the Company to pre-sale purchasers pursuant to a SAFT offering or through Company Approved
Affiliates. If all pre sale tokens get sold at the highest bonus 35% then there will be a total of 540,000,000 million FUEL tokens sold.
40% (400,000,000) to be sold by the Company to Crowdsale purchasers. If the pre-sale sells out in full at the highest bonus level 35%
there would only be 260,000,000 tokens available in the public sale.
10% (100,000,000) reserved by the Company to incentivize community, beta testers, and strategic partners.
5% (50,000,000) to be sold directly on the platform.
5% (50,000,000) to be distributed by the Company to the Etherparty team.

Etherparty platform and Company staff tokens will be locked for 6 months after the end of the token sale. Any unsold tokens in the pre-sale
will go into the public sale. All unsold tokens from the public sale will stay on the Etherparty platform held by the Company for sale only on
the platform.

ETHERPARTY ROADMAP

User Created Templates
Create your own custom contract templates with a guided Contract Wizard to help you along. You can save these templates to your
application account, and later recall these contract templates for testing and deployment on the blockchain.

Drag and Drop Contract Builder
A sophisticated user interface that uses drag and drop from a side panel toolbar to a contract workspace, allowing the user to visually
construct custom contracts. The user will have the ability to choose from a variety of data-sources, data-sinks, data-oracles,
data-transformations, contract-clauses, platform-users (from a user’s contacts list), etc. Contracts can be saved and later edited in this
form, and recalled for testing and deployment. A visual flowchart of data into and out of the contract as well as transformations of the
contract data will be displayed and can be manipulated via the Contract Builder interface.

Teams and Team Features
With team features, you will be able to add members to your team, share and annotate contracts,

Shared Contract Templates
Creating contracts can take a little time, so you will surely want to amortize your time spent by saving and sharing your contracts with
others, in your group or team. Through your own personal library and team library, you will be able to share your created contracts with
other users of your team.

Enterprise Integration
Through the Etherparty REST API our enterprise customers can add users to their team, create contract templates, test contracts on our
test networks, submit contracts to the main blockchain, and get results of those contracts. The API will allow integration into existing
enterprise workflows at any stage. Any existing enterprise application can be integrated into our smart contract workflow platform
with ease.

Enterprise Solution
By using the Etherparty Advanced User Interface on our platform, Enterprise Solution customers will be able to create and manage teams
of users, and create contract templates, share those templates among team members and deploy contracts to the main blockchain network
for execution. Enterprise Solution users can test and deploy contracts, and save contracts into their Enterprise account on the Etherparty
platform. Enterprise Solution is a hosted solution for enterprise customers, offering all the functionality of our standard platform plus
additional features that are necessary for enterprise customers.

Mobile App
A better experience on mobile with push notifications and integration with Google Voice on Android.

Google Voice Assistant
Integrated assistance via voice commands on mobile. With Google Voice Assistant, you can say “Hey, Google, create an Etherparty escrow
contract for $500 between myself and Mr. Smith, which expires on next Tuesday”. The mobile application with integrated Google Voice
Assistant will create the contract on the Etherparty platform and make it ready for execution. Further voice commands can be used to execute
the contract, with Google Voice presenting confirmation requests as needed.

Convolutional Neural Net for AI (CNN AI)
Smarter contracts will be even smarter with the assistance of our state of the art Convolutional Neural Network (CNN) Contract Assistant. It’s
like having your own personal advisor by your side 24/7. Build on the knowledge and experience of other users’ contracts within the Etherparty
Platform as our machine learning algorithms (ML) learn from and can suggest contract requirements to you while building your own Etherparty
contracts.

Natural Language Processor
With the help of our natural language processor (NLP) you will be able to enter your contract requirements in plain English. Complemented with
the guidance of our CNN AI you will be able to quickly create the complex contracts that you need and deploy them to the blockchain.

MORE DETAILS AND A TIMELINE ARE AVAILABLE IN THE WHITEPAPER

_{(Click to Download)}

TEAM

Etherparty is brought to you by The Vanbex Group, working hands on with projects to help shape their future. We combine deep business insight
with expert understanding of how technology will impact industry and business models.

The Vanbex Group recently closed a seed round of financing for the development of blockchain-based products, including Etherparty, Vanbex
raised C$500,000 (US$365,474), in line with the company's target for its initial seed round.

The Vanbex Group is part of the Ethereum Enterprise Alliance (EEA), a consortium formed in early 2017 seeking to evolve Ethereum so that is
can serve as an enterprise-grade technology. EEA’s research and development is focused on privacy, confidentiality, scalability, and security.
EEA is also investigating hybrid architectures that span both permissioned and public Ethereum networks as well as industry specific application
layer working groups.

Find out more at http://vanbex.com.

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