Overview of the ICO contract Vault
“Contract Storage” – provides new intellectual contracts of a new generation based on Ethereum Blockchain.
To date, Blockchain technology and smart contracts are being actively introduced in many areas of human activity. We see their undoubted advantages and advantages for business. This is particularly true in the field of legal services, where the use of intellectual contracts is considered the most promising.
Nevertheless, despite all the advantages of Blockchain and smart contracts, there are several problems that prevent the introduction of this technology into the legal services market.
- The first problem. Use of contracts.
Ready-made contract templates are often not clearly contaminated, irrelevant, incomprehensible, unable to adapt or modified, and their use requires serious legal knowledge from the average client.
- The second problem. Creating contracts.
The creation of contracts is often a complex, lengthy process and an inefficient process that creates certain difficulties, even for experienced lawyers, and work with clients turns into a simple exchange of documents by e-mail.
- The third problem. Clever contracts.
Smart contracts are complex and require a lot of time for people without proper education, often they are unsafe and may not comply with the legislative framework of the state. And the lack of flexibility and variability prevents them from being used in other situations.
- The fourth problem. Access.
Legal and technical activities on traditional contracts and intellectual contracts are sometimes quite expensive and can take a long time.
Solving these problems will help to more efficiently, quickly and safely introduce bockchain technology into the market of modern legal services.
These solutions and proposals Contract storage:
- Create your own multifunctional and changeable templates SmartTemplates or get access to a large number of ready-made solutions, providing legal force and intended for writing contracts and smart contracts.
- For lawyers, you can provide advice, access to proven and customized smart contracts, and use our tools to work more effectively with customers.
- Specialists in blockchain technologies will find their services directly on the trading floor.
- Companies can effectively and quickly realize their contracts using blockchain technologies.
Thus, the main users of Container storage, ordinary lawyers, law firms, private lawyers, corporate clients, small business customers, developers of smart contracts. Presence, efficiency, good internal functionality of the Contract The storage and a huge number of possible applications will undoubtedly provide a large influx of users, which, in turn, speaks about the investment attractiveness of the project. The global market for legal services investment is about 700 billion dollars a year . The Vault contract, which combines advanced blockchain technologies and traditional legal relationships, has every opportunity to occupy a significant niche in this market.
The development team includes experienced specialists in the field of legal services and specialists in programming of block systems. The main office of the Container Storage is located in the famous crypt valley in Switzerland, where the most developed ecosystem for crypto startups and ICO is created.
Founder and Director
Over the past four years, Gordon has worked as a freelance lead developer in companies such as RUAG Defense, Kaba Schweiz, PostFinance, Novartis, Swisscom and Basler Versicherungen.
Founder and Senior Legal Adviser
Co-founder and General Counsel Swiss Cryptotech GmbH is a company that provides consulting services in the field of locking and crypto currency technologies since the beginning of 2014.
Bachelor of Computer Science at the University of Basel with a specialization in artificial intelligence and works with block technologies and crypto-currencies since 2012.
Communication and marketing
After moving to Cryptodolin in early 2017, he played an important role in the creation of local cryptographic and block systems of the interconnected system of work, coordinating the largest competition of blockbuster startups in Europe – the Blockchain competition.
For 15 years he has been advising in accordance with international standards and national software development programs in the United States.
Working in a leading investment bank in Switzerland, he gained extensive experience in DCM derivatives.
Type of the token – Ethereum ERC-20
Ticker – VLT
The name of the token is the storage token
Total supply: 900 million VLT. There are no plans to release additional tokens.
Exchange rate: 1 CHF (Swiss franc) = 10 VLT 1 VLT for 0.1 CHF
Maximum target (upper limit): 45 000 000 CHF
Minimum objective: 1 million Swiss francs
What are the complaints:
Crypto currency: ETH
Currency: CHF, EUR, GBP Most credit cards.
Date of sale of the tokens Pre-sale:
December 1, 2017 – January 31, 2018
Pre-registration for participation in Phase I: Begins in April 2018.
Stage I: May 1, 2018 – May 15, 2018. (bonus up to 25%)
Phase II: June 1, 2018 – June 15, 2018.
For more information, see Https://www.contractvault.io/en/token/
The platform of contract storage can create a number of final and finished products based on SmartTemplates templates, including:
• Traditional legal agreements that can be used in the usual way in the real world
• Legal agreements that can be safely stored in a decentralized environment with copy protection – transfer with signature
• SmartForms and SmartDossiers, which expand the capabilities of lawyers, allowing them to communicate more effectively and work with clients
• Individual intellectual contracts, such as Ethereum Smart Contr
• Legal smart contracts in the form of Ricardian contracts or intellectual contracts with double binding.
References to ICO and social networks.
Project website: https://www.contractvault.io