Hello dears! The beginning of the year was rich and rich in new blockchain projects, and especially projects that help to improve human life and popularize cryptocurrencies. Today we will talk about a new project called Oath Protocol. The essence and the main idea of the project is quite simple and easy to understand even for people far from cryptocurrencies. Oath Protocol uses in its concept the main strengths of the blockchain, namely: security, transparency and rapid execution of tasks.
As a basis, the project chose the goal to build the most transparent process of committing certain actions committed by many participants and allowed to come to one correct decision(consensus).
Oath Protocol can contribute to the development of many services based on voting, because initially, as soon as people began to learn about the blockchain, one of the first user cases was the construction of the most transparent voting process, on the basis of which completely different decisions would be made up to the choice of the President, of course we are talking about those countries
Blockchain allows you to store information and give it access to absolutely all people and most importantly records in it can no longer be changed. Also, Oath protocol will build a dispute resolution system on the basis of which new services will grow. For example, you have a dispute, but you want to solve it amicably with the person with whom you argue, we are talking about a completely different kind of situations, such as property, you can take the situation to the jury, which will decide the fate of your dispute and decide. The algorithm assigns random jurors selected from a common pool according to the criteria specified by the parties, also the platform will be able to upload evidence files that will be studied by the jury, will also ask their questions and on the basis of this information will formulate a decision.
Also the technology of Oath protocol can be used with insurance industry, rental property, car, e-Commerce and so on.
Quite a universal project that allows you to integrate blockchain into common and popular existing technologies.
As for the sale, due to the poor state of the market date is not defined and can only watch from the side and wait for an official statement from the project team. Until on official site (https://oathprotocol.com/) you can participate in the campaign "My Oath for 2019" and performing simple tasks to earn tokens OATH.
The ICO itself is quite remarkable in that it has a fairly solid level of HYIP, from part because of the excellent idea of the project, as well as because of the excellent team and partners of the project.
The team is quite large and consists of a well-coordinated team of specialists in different fields, but mostly of programmers with great experience. It is headed by Yin Xu, a person with extensive experience in the development based on the information provided on the site.
Also, the project has well-known investors: Quarkchain, AMINO Capital, AlphaCoin Fund, Consensus Lab, Blockchain Ventures and others.
Many well-known participants of the blockchain industry are presented in the form of project partners: QTUM, NEM, DREP, Quarkchain, AION and many others. One of the few recent projects with such an extensive list of partners on Board, looks impressive!
The project seems to me quite promising even in this market. Great idea, team and support in the form of investors, what else do you need for a cool ICO?! I remind you that information on sale yet so it remains to follow the social networks of the project and for the latest news, all the links at the end of the article, read a whitepaper, review the project and don't forget to rely on yourself and do your own analysis good luck!
website: https://oathprotocol.com/
Whitepaper: https://oathprotocol.com/files/OATH-Whitepaper-EN.pdf
Twitter: https://twitter.com/OathProtocol
Facebook: https://www.facebook.com/oathprotocol/
Telegram: https://t.me/oathsio
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