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Author Topic: [ANN][ICO] Confideal | Smart contracts management service and arbitration module  (Read 15308 times)
zvisha (OP)
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October 22, 2017, 02:09:15 PM
 #281

Is there a minimum or maximum limit of purchase token on a single trade?

In fact, minimum limits only in ETH network - 0.001ETH, maximum limits depends on quantity investors in Whitelist!
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ionbefore
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October 22, 2017, 02:30:51 PM
 #282

Signed up for the project. How did you come to this idea?

This idea came from our CEO Pyotr Belousov, if you want to know more details - ask him in our official telegram channel https://t.me/confidealioeng

Well. I just have a few questions related to your project. Joined in telegram-channel.
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October 22, 2017, 02:44:00 PM
 #283

What languages are planning to launch the platform? Will there be a localization project to be supplemented in the future?

In the 2nd quarter of 2018, we will launch support in Chinese, Russian, German, French, and Spanish languages.

This is the final list of languages? Will you add Japanese?
zvisha (OP)
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October 22, 2017, 04:36:19 PM
 #284

What languages are planning to launch the platform? Will there be a localization project to be supplemented in the future?

In the 2nd quarter of 2018, we will launch support in Chinese, Russian, German, French, and Spanish languages.

This is the final list of languages? Will you add Japanese?


Not yet, Japanese also very important, I think we'll add it too!
zvisha (OP)
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October 22, 2017, 05:01:47 PM
 #285

How is the selection for the post of arbitrators? Are there any criteria for the selection of an experienced professional?

The main criteria - arbiters need to confirm their status as professional arbiters. Arbiter is a qualified third-party legal firm or professional, chosen as an arbiter to resolve a dispute on Confideal platform. The choice of an arbiter for a particular contract is made by the counterparties themselves, before entering the deal;



If both parties know who the arbiter is, isn't it theoretically possible that - in case of a dispute - one of the parties / both parties try to bribe the arbiter?

He/they can't does/do that, a party needs to know arbiter in order choose professional, unbiased one. 
zvisha (OP)
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October 22, 2017, 05:14:08 PM
 #286

This idea is very interesting...however the arbitration can be ensured by smart contract, how about "execution" of the arbitration result?
I mean, some users of this app could ignore decisions made by the arbiters right...if execution can't be guaranteed, the system will be broken anyways...

We have two options - mediation and arbitration. Arbitration process has the similar features with arbitration court, you could not keep your debts before the party. In turn, in mediation, arbitrator controls the contact sums, mediation is more easy to use than arbitration, as it does not conform to the strict regulation of national or international laws. Instead, it requires agreement from the counterparties of the contract.
bit679
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October 23, 2017, 05:22:53 AM
 #287

What features are planning to add in Confideal after ICO? It will be paid or free?
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October 23, 2017, 06:26:05 AM
 #288

Unrealized during the ICO tokens will be placed in reserve or "destroyed"? If they go to the reserve, how they plan to implement in the future?
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October 23, 2017, 08:10:26 AM
 #289

Do third parties access to the data of the parties to a smart contract and its details?
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October 23, 2017, 09:13:46 AM
 #290

How much reduced the cost of the parties when using Confideal in contrast to work with usual ways of international transactions?
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October 23, 2017, 09:14:07 AM
 #291

There are some risks of failure of the transaction for international transactions through smart contracts?
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October 23, 2017, 10:21:35 AM
 #292

There is the possibility of tampering with the smart contract third parties for fraudulent purposes? How the service protects users from such violations?
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October 23, 2017, 11:10:26 AM
 #293

Whether there are now companies offering similar services? How do you plan to cope with the increasing competition in the future?
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October 23, 2017, 11:13:44 AM
 #294

Are there any international standards to produce smart contracts between legal entities?
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October 23, 2017, 12:04:43 PM
 #295

What privileges the user paying for the contract service Confideal tokens CDL?
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October 23, 2017, 12:18:51 PM
 #296

I read about your service and ready to invest.
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October 23, 2017, 12:38:25 PM
 #297

If I have the tokens of other projects, made according to the standard ERC20, I will be able in the future to exchange them for tokens of your company?
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October 23, 2017, 01:27:09 PM
 #298

If all tokens will be implemented before the end of the ICO, it will end or will be issued additional tokens?
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October 23, 2017, 01:29:24 PM
 #299

Will I be able to pay smart contract bitcoin? If not, what alternatives can offer your service?
zvisha (OP)
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October 23, 2017, 03:15:25 PM
 #300

What features are planning to add in Confideal after ICO? It will be paid or free?

We are planning to integrate a lot of new features after ICO: 1)API & Widget - companies will be able to use our service by hosting it on their websites; 2)Document Repository - a place where users can store the files attached to their contract - photos, scanned copies, text files (and any files that legally supplement the contract); 3)IoT Solutions for Smart Contracts with Hardware - interconnected oracles updating the contract with incoming information from external sensors (GPS data, meteo data, electronic locks);4) Expansion to other blockchain platforms, that support smart contracts (Ethereum Classic, Qtum, EOS, Tezos) and this is not the full list what we are planning to implement in future!
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