The advancements in the level of technology is a revolutionary. Far from the way sectors, institutions and human lives were, a great difference is plain to view with the effects of two components yet a product of one has played i.e the "internet and the blockchain".
The internet which is a product of technology has placed a vital impact in human lives as well as the various sectors and institutions in the world by fastening operations and easing livelihoods.
The blockchain which is the twin of the mentioned products of technology when integrated together with the internet creates a new different environment from the traditional environment of how sectors, institutions and even humans operates.
The blockchain technology provides decentralisation which has improved the levels of efficiency, transparency and security in the various fields of finance, e-commerce, education, arts, management and even human lives by the influence of globalization.
Here, I'm introducing to you a great and unique project which is leveraging the blockchain technology to make smart contracts the order of the day.
Smart contracts are computerized transaction protocols that executes the terms/conditions of a contract. It is a protocol that implements the conditions of the negotiation before the contract is finalized. The protocol removes the need for third-party and still carries out credible and satisfactory transactions. Transactions carried out with smart contracts are easily traceable, accessible and free from tempering there by making them irreversible. Ethereum limited Smart contracts removes challenges associated with the traditional contract laws like large fees, human errors and too many paper works.
The Ethereum limited smart contracts possesses the following features;
**Ethereum limited smart contracts acts as 'multi-signatory' accounts, allowing funds or capital to be spent solely when the required number of users involved in the contract accedes.
**Ethl smart contracts brings utility to every other contract.
**Ethl smart contracts allows agreements to be made between users and ensures that the agreements are carried out religiously.
**Application's information such as membership records are stored with Ethl smart contracts.
Ethereum limited is a decentralized platform that runs smart contracts. It is a platform that gives rights to everyone to be able to create smart contract(s) of thier own with or without programming skills or knowledge.
Ethereum limited is also a platform that has envisioned a world where smart contracts will be as common as mobile phones, computers and other ICT gadgets and cryptocurrency as normal as fiat currencies are in the world of today.
Ethereum limited is hack-proof because of the decentralization by the blockchain and cannot be compromised. It's not being controlled or managed by an authority or the government so all your personal records and contracts are protected and secured from alterations. Ethereum limited also allows you to create smart contracts as easily as repeating the alphabets.
Ethl has the feature of absolute privacy by protecting the identity of thier users and online informations from centralized bodies who sells data to highest bidders.
Benefits you also enjoy from being a user of Ethereum limited are;
Speed: Ethl smart contracts are executed in seconds because the computers are the ones executing the terms of the contract unlike the traditional system that takes up to a week or at times months.
Clear communication: Ethl smart contracts eliminates any room for misinterpretation and misunderstanding as the terms and conditions are irreversible.
Transparency: with Ethl nothing is hidden to the contractual parties, all the terms and conditions that binds the contract are made known and clear and once made can not be compromised.
Paper-free: smart contracts eliminates the use of papers when contracting a contract because it is done on the blockchain and internet.
Location problem free: location is not a problem associated with smart contracts unlike the traditional system because contracts can be contacted anywhere and at anytime as far as internet connection is available.
Lasting storage and backup system: Ethl smart contracts automatically takes down every information of all transactions/ contracts.
Token specifications
Token name: Ethereum limited
Ticker: Ethl
Maximum supply: 10,000,000
Decimals: 18
Token allocation
Roadmap
Official links:
Website : https://ethlimited.org
Twitter Link :https://twitter.com/EthereumLimited
Telegram Link : t.me/EthereumLimited
Facebook Link : https://www.facebook.com/ethereumlimited/
Reddit :https://www.reddit.com/user/ethereumlimited
Author's info:
Bitcointalk username: ***Cryptodamma ***
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2142818