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

[termonator61]

You want to check a project at work. When will launch a workable version?

Confideal has already released a working product, which you can try out right now! https://app.confideal.io Don't forget to install Metamask extension for Google Chrome

Sorry, apparently I overlooked. Will try!

[Deborah]

dev ,Do you plan to release demo versions of the platform ? i think this is better for ico movement .

[alcoholbtc]

Hello, what organizations do you consider the main competitors and what unique services ready to offer to consumers?

[askon]

The parties to the contract can a resident or company from any country?

[Gooffy]

What are the risks in conducting transactions through your service and how tall they are?

[energycrypt]

What tools offers the platform for the creation of a Ethereum smart contracts that you are using in your project?

[zvisha]

dev ,Do you plan to release demo versions of the platform ? i think this is better for ico movement .

Confideal has already released a working product, which you can try out right now!

[woodcoin]

But is there a way to hack the blockchain, where all the smart contracts to change the terms of any agreement without the knowledge of one of the parties?

[hollybit]

Hello, the companies to work through the service Confideal need to sign any contract?

[angercoin]

How long does it take to create a smart contract? What personal information will be required from the parties to the contract?

[newboi]

What benefit is Confideal at the conclusion of a smart-contract between users? Do you charge any Commission from the total transaction amount? If so, in what amount?

[MadduckUK]

What version of the framework will be presented in the future? Will only work or desktop you intend to develop application for mobile operating systems?

[thelastofas]

Whether you are a few years after the ICO to start the redemption of tokens from investors? If so, at what price will the buyback?

[polonium84]

In any voting, but the rating of arbitrators will be able to participate, investors who bought tokens Confideal?

[zvisha]

Hello, what organizations do you consider the main competitors and what unique services ready to offer to consumers?

Blockcat, Etherparty, Jincor, Agrello. There are a lot of difference between etherparty and blockcat. Arbitration is the primary difference between other similar projects. Also, Confideal has already released a working product, which you can try out right now! Our token allows not only to perform deals even on million dollars but create a clear and transparent rating of arbitrators and also CDL could be used for redemption tokens from commission fund with 50% bonus.

[zvisha]

What benefit is Confideal at the conclusion of a smart-contract between users? Do you charge any Commission from the total transaction amount? If so, in what amount?

The smart contract technology represents an ideal tool for low-risk deal-making: outlined and executed by program code, the contract between the counterparties can be fulfilled or broken only by the initially established terms. Due to the technical specifics of the blockchain - the distributed  database where the smart contract is stored - any interference aimed at  changing the terms of the deal after it has been signed is nearly impossible. The Ethereum smart contract works as an “escrow agent”, a sort of bank cell, where the terms of the deal and the money (cryptocurrency) are stored until the contract is fulfilled.

When making payments with ETH, 1% fee is applicable, 1% fee is not applicable to CDL payments, which means that the contractual service is free for CDL users.

[zvisha]

In any voting, but the rating of arbitrators will be able to participate, investors who bought tokens Confideal?

The position of each arbiter in the rating is determined by two types of factors: objective and subjective.
- Objective factors: speed of response, the number of settled disputes, the completeness of disclosed information about the self. The weight of objective factors comprises 70% of the overall arbiter’s rating.
- Subjective factors: votes, given to arbiters by the CDL token owners. Subjective factors comprise 30% of the arbiter’s rating.

In addition to the rating, which determines the position of every arbiter on the list of all arbiters, there is also an option to vote for arbiters using a system of “likes” and “dislikes”. This system does not affect the positions of arbiters on the list but serves as an additional, subjective measure  of the quality of their work.

[zvisha]

How long does it take to create a smart contract? What personal information will be required from the parties to the contract?

Depends on the complexity of the contract. Any authorization data could be provided by the choice of the parties.

[zvisha]

Hello, the companies to work through the service Confideal need to sign any contract?

No. Metamask, Parity, Mist - all these wallets have an electronic signature, keys, etc.

[Piggy]

Italian version of the ANN thread is up!

https://bitcointalk.org/index.php?topic=2275320