A computer code project that runs good contracts and supported by ethereum and runs as programmed this project is known as contractium. This project allows business and corporations to form a market, move funds and keep records of guarantees or debts and many undiscovered things while not including a middleman. So, if you are interested to know more about this platform then continue reading this article.
About contractium-
It is a decentralized instrument, or we can say a tool that runs clever contracts that are found mostly on the ethereum network. This instrument runs like a program without any censorship, fraud or gathering of the third-party interface. It even permits commercial customers and companies to create markets easily, shop registries of promises or money owned, transfer money as per the classes and different issues that are not yet invented. This project is constructed on the ethereum platform and offers its users complete safety and reliability.
As we all know that global business is getting replaced in different ways of operation. On the other hand, decentralization is also sweeping because of major spheres be it any company, individual or any institution. But, with decentralization and with the use of blockchain technology, now business and organizations are actively making themselves turned into main players that are making them changed with the changing economy.
Contractium is actually one in all code that is running a localized contract that is supported by the ethereum and runs like a program that does not include any fraud, third party or censorship. Now, with its help businesses, individuals can easily create markets so as to keep the records or guarantees and liabilities without any intermediaries. With the help of this project two or more international or native users can produce business contracts as well as alter one another by following the payment stage.
Well, payment through it is realizable with the integrated crypto payment system. The payment system here is safe and secure. Moreover, the platform creates CTU tokens that are issued by this platform and can be yield at the contractium event.
What is the need for CTU?
As we all know that ethereum blockchain technology is completely based on a proof-of-work algorithm, but now it is planning to work as proof-of-stake. That is why the founders have created contractium that is based on the ethereum proof-of-stake algorithm.
How is CTU made?
CTU is an element, contract value or fuel that is used to sign in the smart commercial contracts over the contractor apps. It is basically a form of payment and contract that is made by the contractees and contractor that is business and customer when they are continuing the agreement, offline service or order. CTU is an incentive that is used to make operational procedures between the two parties over the contractium blockchain network that obtains CTU value. This project consists of CTU tokens that work as fuel over the contractium network and enables users to use this platform easily.
Thus, you can simply make markets, agreements and keep the records of those agreements safely on this platform.
Official links for more details,
Website Link : https://ico.contractium.io
Ann Thread Link : https://bitcointalk.org/index.php?topic=4602899
White Paper Link : https://docs.google.com/document/d/10BqajJ39sen3GeulHCSxGJ7vRx9UUT4AEkbpP2OSxmM/edit
Facebook Link : https://www.facebook.com/contractium.io
Twitter Link : https://twitter.com/contractium
Telegram Link : https://t.me/contractium
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1434888