[ANN][ICO] Confideal | Smart contracts management service and arbitration module - page 23.

zvisha

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Quote from: energycrypt on October 26, 2017, 05:30:33 AM

Hello, if I want to invest in foreign real estate, will I be able to use the Confideal service to conclude an agreement with the second party of the transaction?

Of course, our platform is made for that. This is a typical contract, in which escrow enters the contract and holds the money for the duration of the deal, in order to ensure that both counterparties follow through with their obligations. The advantage Confideal provides here is that instead of people or organizations, the escrow service is executed by program code, which decreases the transactional fee for both sides of the deal.

nextwalker

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Why is it safer and more profitable to use smart contracts based on Ethereum rather than the usual international contracts?

zvisha

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Quote from: defender77 on October 26, 2017, 12:02:50 AM

Is it possible that a large token holder will try to "promote" an unfair arbitrator to resolve the dispute in his favor?

No, if a person holds a large number of CDL tokens and tries to use them to promote their “own” arbiter to one of the top positions in the rating, the ratio of likes to dislikes, as well as their total amount, will serve as an additional indicator of the experience of that arbiter and the quality of their work.

Adriano2010

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Is this ICO still running until then? After ICO is finish what exchanges is planned to reach and aproximately when will reach first exchange?

energycrypt

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Hello, if I want to invest in foreign real estate, will I be able to use the Confideal service to conclude an agreement with the second party of the transaction?

AurihanGB

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What is used in Confideal service as signatures necessary for the conclusion of a smart contract?

kobzar

member

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Good afternoon. Can I conclude smart contracts on ETH and pay a commission fee for an arbitrator in CDL tokens?

nicolasbit

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Hi, have you got any instructions that explain the installation of the MetaMask plug-in for the Google Chrome browser?

ferrum83

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Can only one arbitrator participate In the settlement of the conflict between the parties to the treaty? Can the parties choose two or more experts to improve the quality of dispute resolution?

termonator61

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Can you only use the services of the Confideal arbitrators or are there any other options that can help to resolve disputes between the parties sharing a smart contract?

arakx

member

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Hello! What are the indicators of the position of the arbitrators in the ranking? Are the indicators objective or subjective?

defender77

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Is it possible that a large token holder will try to "promote" an unfair arbitrator to resolve the dispute in his favor?

Heimer

sr. member

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Polish ANN

jsdcsp

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Recently,the ICO risk is too high, there are plans to launch activities?

zvisha

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Activity: 560

Merit: 500

Quote from: polonium84 on October 25, 2017, 03:04:38 AM

How do you plan to realize the possibility of renting hotel rooms through smart contracts while maintaining the confidentiality of tenants?

Hotels, motels, hostels can install so-called smart locks on the doors of their rooms. These are electronic locks which have an internet connection, which allows the owner to conduct the entire process of checking in remotely - from guests paying for the reservation to them receiving the electronic key to checking out. In this scenario, Confideal can be used to hold a deposit during the guests’ stay, which will be returned to them after they check out and the owner ensures that the room has been left intact.

zvisha

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Quote from: angercoin on October 25, 2017, 05:47:37 AM

What functions do you need to add in order to make Confideal be considered as a full-fledged platform to support transactions?

Despite the fact we have already developed a functioning service for making smart contracts, Confideal necessary to develop the ecosystem, add new functions and conduct marketing activities in order to raise awareness about the service. These features we are planning to integrate in future: 1)API & Widget - companies will be able to use our service by hosting it on their websites; 2)Document Repository - a place where users can store the files attached to their contract - photos, scanned copies, text files (and any files that legally supplement the contract);3)Language Support: Chinese, Russian, German, French, Spanish; 4)IoT Solutions for Smart Contracts with Hardware - interconnected oracles updating the contract with incoming information from external sensors (GPS data, meteo data, electronic locks);5) Expansion to other blockchain platforms, that support smart contracts (Ethereum Classic, Qtum, EOS, Tezos) and this is not the full list what we are planning to implement in future! 6)New contract management options: Status ( https://status.im ) - mobile version of the Ethereum client. Users will be able to manage contracts via their smartphones Parity ( https://parity.io/ ) - Ethereum browser for interacting with Ethereum applications;

zvisha

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Quote from: romfish on October 25, 2017, 04:28:38 AM

Will the list of countries whose citizens are not allowed to participate in the ICO expand in the course of the sale?

Depends on regulation in that countries, legally, the company restricts the token sale to citizens of individual countries, including the US, as it does not go through KYC of users at the time of token sale and does not do the proof of residence at the same time. But according to the documents, it reserves the right to go through KYC after collecting funds if individual transactions fall under the criteria of suspicious transactions defined by international agreements on money-laundering.

zvisha

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Quote from: b1o1o1h on October 25, 2017, 08:36:18 AM

Does the contractor make an arbitration deposit when signing a smart contract? Can the second party receive this deposit as a penalty in case of non-fulfillment of conditions?

No, clients have recourse to arbitration only when their rights had been violated. Arbitration fee is 10% of contract amount!

mummybtc

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Activity: 868

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Nice idea but do I feel the space is indeed in need of this type of services now, my answer is NO, I will be watching the performance of the ICO, if its become successful then that means I'm wrong but I have a feeling the team will struggle to raise capital in the current space

zvisha

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Activity: 560

Merit: 500

Quote from: devilini on October 24, 2017, 04:41:40 AM

Hello! Are the citizens of the United States and North Korea able to purchase the tokens of your project or are there restrictions on these countries?

Hey, legally, the company restricts the token sale to citizens of individual countries, including the US, as it does not go through KYC of users at the time of crowdsale and does not do the proof of residence at the same time. But according to the documents, it reserves the right to go through KYC after collecting funds if individual transactions fall under the criteria of suspicious transactions defined by international agreements on money-laundering. Such an approach does not exclude the possibility of the token sale by the citizens of these countries through the use of VPN but allows the issuing company to remain in the legal field without violating the laws of these countries.

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