dayasinfo
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October 20, 2017, 04:51:57 AM |
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Hello! Need any programming skills to create smart contracts with your service?
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defender77
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October 20, 2017, 05:47:13 AM |
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What problems are solved by the project Confideal, which regularly encounter companies and individuals who conduct international transactions?
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coin63
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October 20, 2017, 06:39:33 AM |
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Is there a risk that one of the parties to the contract at the conclusion of the smart contract will not fulfil its obligations? If so, what?
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ferrum83
Member
Offline
Activity: 154
Merit: 10
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October 20, 2017, 07:21:45 AM |
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Smart contracts are stored in a database for your project? If so, is there any chance that someone will be able to view the terms of contracts?
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AurihanGB
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October 20, 2017, 08:29:02 AM |
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The change rate of the value of cryptocurrencies will affect the value of the goods or services described in the contract or the price is fixed at the conclusion of the smart-contract?
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gazman
Member
Offline
Activity: 238
Merit: 10
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October 20, 2017, 08:59:54 AM |
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Whether the parties smart contract in the event of a dispute, to refuse the services of the arbitration Confideal and to seek help in resolving the disputes to third-party legal company?
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zvisha (OP)
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October 20, 2017, 09:56:37 AM |
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Hello! Need any programming skills to create smart contracts with your service?
Hi, a Confideal platform is based on Ethereum Smart Contracts that are optimized for use by non-programmers.
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zvisha (OP)
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October 20, 2017, 10:05:07 AM |
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What problems are solved by the project Confideal, which regularly encounter companies and individuals who conduct international transactions?
1) Counterparties interaction (Contracting). The organization of international deals is an a priori more involved process than that of domestic contracts. For that reason, the partners tend to simplify the contracting process by conducting the entire workflow via the Internet. This approach creates additional risks - it becomes possible to modify contract data without the partner’s knowledge, forge signatures in Photoshop, etc. 2) Foreign exchange regulations. There is a possibility of severe time delays in the countries with strict forex regulations. Delays of five or more days are quite probable, and sometimes banks can deny payment processing outright, not explain. 3) Arbitration. In case of disputes, there can be one more type of costs: the average cost of an arbitration procedure today is 2.5 million USD, and it takes no less than six months to be completed. Such losses are inadmissibly expensive for SMEs (Small and Medium Enterprises).
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zvisha (OP)
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October 20, 2017, 10:25:42 AM |
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Smart contracts are stored in a database for your project? If so, is there any chance that someone will be able to view the terms of contracts?
In order to ensure confidentiality, smart data necessary to the fulfillment of the contract is stored on the blockchain. Our interface allows entering all the required contract terms without having any programming skills: the name of the contract, the text of the agreement, the payment volume, due date, the wallet address of the counterparty.
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romfish
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October 20, 2017, 11:13:42 AM |
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Well done guys. Join and will invest
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spottcoin
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October 20, 2017, 11:26:07 AM |
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Can I pay the fee of your service only tokens CDL? It is possible to pay to use other cryptocurrencies or Fiat?
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happypencil
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October 20, 2017, 11:44:17 AM |
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Smart contracts is very necessary for us .this is special service is even better ,have more market value ,i will support this project when it start.
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zvisha (OP)
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October 20, 2017, 04:53:52 PM Last edit: October 20, 2017, 05:05:11 PM by zvisha |
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Can I pay the fee of your service only tokens CDL? It is possible to pay to use other cryptocurrencies or Fiat?
You can't pay for service in fiat but when you make payments with ETH, 1% fee is applicable, 1% fee is not applicable for payments in CDL tokens
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askon
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October 21, 2017, 05:41:22 AM |
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Hi, arbitrators with a negative rating removed from service or they can continue to work?
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shivek
Newbie
Offline
Activity: 36
Merit: 0
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October 21, 2017, 05:49:13 AM |
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Its an great concept,I will definitely support it.
Thanks for sharing this.
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16009
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October 21, 2017, 06:27:43 AM |
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When buying goods from another country by entering into the smart contract through Confideal can the service to provide a service for GPS-tracking of delivery?
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hunterofmoney
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October 21, 2017, 06:55:10 AM |
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How is the selection for the post of arbitrators? Are there any criteria for the selection of an experienced professional?
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nicolasbit
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October 21, 2017, 07:49:17 AM |
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Can parts pay smart contract as the second party of its duties, if the transaction amount is big?
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rocketbit48
Member
Offline
Activity: 322
Merit: 10
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October 21, 2017, 09:15:30 AM |
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The idea is very interesting. I think it's worth a try. Service smart contracts are very important and necessary. I wish you success and hope that all works out.
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zvisha (OP)
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October 21, 2017, 10:03:38 AM |
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The change rate of the value of cryptocurrencies will affect the value of the goods or services described in the contract or the price is fixed at the conclusion of the smart-contract?
Now, this option is missing, we can't take such risks. In future, we are planning to peg the value of the contract to the dollar.
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