What is Contractium Project?
What is Contractium Project?
Contractium is a decentralized software that runs smart contracts based on the Ethereum network. The programs run as programmed with no downtime, fraud, censorship, or interference from third parties.
This permits companies and commercial customers to create markets, shop registries of money owed or promises, transfer money in accordance with classes given lengthy within the previous (like a will or a futures contract) and lots of different issues that haven’t been invented yet, all with out a center man or counterparty risk.
This undertaking may be bootstrapped by way of an CTU token presale in March 2018 by contributors all round the world.
Contractium allows businesses and individuals to create markets, store registries of promises or debts and move funds in line with the given instructions on the blockchain. The platform will eliminate the print contract that required the use of signatures between two parties or notarized by a third party or a public notary. The software provides businesses with:
- A payment gateway in nations where cryptocurrencies are accepted
- A reward system that can be used in the rest of countries
Contractium, based on the Ethereum blockchain – smart contract, which will be integrated into the actual business internal network.
Contractium with a friendlier UX / GUI (User experience / Graphical User Interface) compared to Ethereum, helps users easily create smart contracts with just a few clicks, drag and drop.
CTU is a Contactium Network with its crypto-fuel, will help online businesses change the way they reward their customers.
- Why make CTU ? The Ethereum blockchain technology is based on the Proof-of-Work (PoW) algorithm and now plans to switch to Proof of Stake (PoS). That’s why we created Contractium, which is based on Ethereum with the Proof-of-Contract (PoC) algorithm.
- How is CTU made ? CTU is a must-have element, fuel, – contract value -, to sign smart commercial contracts on Contractor apps. CTU is a form of payment as well as contract, made by contracter and contractor (customer and business) when they continue the agreement; order; ordering online / offline services. CTU is a definite incentive to make operational procedures between parties 02, on a Contratium blockchain based, reliable and one of them can obtain additional CTU value back with the award policy of the CTU network.
Contractium will have the features below.
A Blockchain Application
Contractium which is based on the Ethereum blockchain smart contract will be integrated into the inner network of real businesses. The software will have a friendlier user experience and graphic user interface compared to Ethereum.
Users will be able to use it to create smart contracts with a click or through the drag and drop method. Further, with the use of the CTU token, the software will change the way online businesses give bonuses and rewards to their customers.
Smart Contract-Smart Wallet
The Contractium wallet is the gateway to decentralized applications on the Ethereum blockchain system. It allows users to hold and secure CTU tokens.
Opt-In Commercial Smart Contract
Smart contracts aim to provide security that is superior to traditional contracts and to reduce transaction costs associated with contracting. Ethereum allows developers to program their own smart contracts, which are written in Solidarity. Contractium is developed based on Ethereum smart contracts, which helps users generate smart contracts that can be used for business transactions or for consuming paid information found online.
Token Sales Detail:
CTU token is the fuel used for signing commercial smart contracts on the contractiumapplication. The token will be used as a form of payment as well as a form of a contract made between the contractor and contractee when they make a deal. CTU will be the incentive that will make the operations between two parties on the blockchain trustworthy. One or both of the parties can earn extra CTUs as a reward to be used on the CTU network.
The CTU token ICO price will be 1 ETH=15,000 CTU. A total of 1,500,000,000 tokens will be supplied and 900,000,000 of the tokens will be available during the pre-ICO and ICO sales.
Price: 1 ETH = 15,000 CTU
Minimum investment: 0.1 ETH
Soft cap: 2,000,000 USD
Hard cap: 10,000,000 USD
Country: British Virgin Islands
Restricted areas: Ethiopia, Iraq, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Vanuatu, Yemen, China, USA
For more information:
ICO page: https://ico.contractium.io/
Mobile app store: https://play.google.com/store/apps/details?
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1885373