[ANN][ICO] Confideal | Smart contracts management service and arbitration module

[zvisha]

What methods do you use to determine the competence of professionals who will participate in the resolution of arbitration disputes?

Arbiters, associations, arbitration centers or other organizations need to confirm their professional status of arbiters. Also, we will create arbitration database, where you can check all info about arbiters. Arbiters create their accounts on the platform and enter their personal data: languages, location, specialization, working experience etc.

[zvisha]

Hello, anonymous, secure and fast international transactions are carried out legally?

Hi, of course, it is legal. Smart contracts are digital algorithms which describe a set of terms, which are automatically fulfilled by the  Ethereum network. They enable  companies, entrepreneurs, and regular individuals to enter contracts with each other without having to rely on the honesty of the respective counterparty. The terms of a smart contract are established before the deal is made. Then their fulfillment is ensured by software code without human interference.

[16009]

A good start, join. It seems to me that you can reach great success and profit.

[zvisha]

What are the stages of conclusion of smart-contract between the parties? Do you use any electronic signature, printing, or keys?

1)The body of a  contract is created via our user-friendly interface; 2)Both counterparties sign the contract with their unique keys; 3)The client deposits the agreed-upon sum of money to the contract; 4) The contract is recorded onto the blockchain and is stored there forever.

We recommend using Metamask for Chrome extension! Metamask, Parity, Mist - all these wallets have an electronic signature, keys, etc.

[MadduckUK]

I see you are off to a good start. Good luck! I will closely monitor your progress.

[AurihanGB]

Do i need extra software on your computer to work with your service?

[zvisha]

Do i need extra software on your computer to work with your service?

No, you need just download and install the MetaMask extension for the Google Chrome browser.

[hunterofmoney]

Good day! In case of successful end of the ICO and raise the necessary funds, will there be new features  to the service that will make international transactions easier and safer?

[zvisha]

Can smart contracts to establish fines for failure to perform obligations under the contract by one party? For example, for delays, etc.

Yes, you can set up penalties inside of smart contact. A contractor will be charged for each daily/hourly/weekly overdue.

[zvisha]

Good day! In case of successful end of the ICO and raise the necessary funds, will there be new features  to the service that will make international transactions easier and safer?

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!

[zvisha]

As in your service passes the authentication data on both sides of the thansaction?

Any authorization data could be provided by the choice of the parties.

[polonium84]

Payment of the contract by the parties will implement a token service Confideal or are avaible other ways?

[DiniazRosa]

Did the bounty program start? Looking to earn some coin

[coin63]

If the referee several times in a row gets a negative assessment from the and users for the resolution of the dispute, it is excluded from the system or continues to operate, but has a low rating?

[dort]

I like what you do. I think that further you will achieve even greater success.

[Immer]

Is there any predecessors or axamples of similar projects?

[nicolasbit]

All transactions will occur without any delay and at any time of the day?

[woodcoin]

There are some data on the future quantity of the transaction or it will make no difference?

[spacegt]

In what ways will the transparency of information transmission?

[superwallet]

It is assumed any increase in the prices of the tokens or not? Where can I trace the dynamics of value?