Are there any restrictions on the maximum term for executing a smart contract? For example, will the parties be able to conclude it for 5-10 years?
There are no restrictions, you can conclude a contract for 1000 years if you want!
Topic: [ANN][ICO] Confideal | Smart contracts management service and arbitration module - page 24. (Read 15358 times)
October 25, 2017, 08:59:57 AM
There are no restrictions, you can conclude a contract for 1000 years if you want!
October 25, 2017, 08:56:56 AM
If the value of the crypto currency used in the smart contract is reduced during the transaction, will it be necessary to inject additional funds from one of the parties to compensate for the losses of the other party?
No, our smart contact is working in ETH, not in USD that means the value will not change due to a rate of exchange! The smart contract does not even allow to add additional fund.
October 25, 2017, 08:47:28 AM
Are there any bonuses for the most active participants of ICO who invest large sums?
Of course, for large investors, we give additional bonuses but better to talk in PM!
October 25, 2017, 08:45:07 AM
Interesting project. Will follow.
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?
October 25, 2017, 08:07:11 AM
Do you plan to add to the service any other blockchains that use smart contracts after the launch of the platform?
In future, we are planning to implement other blockchain platforms, that support smart contracts (Ethereum Classic, Qtum, EOS, Tezos...)
October 25, 2017, 08:05:22 AM
In case of disputes between the contract holders you are proposing to hire a third party as an arbitrator. By what criteria do the Confideal specialists verify his competence?
The main criteria - arbiters need to confirm their status as professional arbiters. Arbiter - a qualified third-party legal firm or professional, chosen as an arbiter to resolve a dispute on Confideal platform. After submitting the necessary documents to confirm their status, arbiter candidates are approved by Confideal and are allowed to use the platform. The choice of an arbiter for a particular contract is made by the counterparties themselves, before entering the deal;
October 25, 2017, 08:03:01 AM
Can I buy your tokens for fiat money? If so, which payment methods do you accept?
Unfortunately, we don't accept fiat. You can use our platform through CDL tokens without 1% fee, ETH (1% fee is applicable). In future, we are planning to implement other blockchain platforms, that support smart contracts (Ethereum Classic, Qtum, EOS, Tezos)
October 25, 2017, 06:17:47 AM
Do you plan to add to the service any other blockchains that use smart contracts after the launch of the platform?
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?
October 25, 2017, 05:08:17 AM
If the value of the crypto currency used in the smart contract is reduced during the transaction, will it be necessary to inject additional funds from one of the parties to compensate for the losses of the other party?
October 25, 2017, 04:59:20 AM
Are there any restrictions on the maximum term for executing a smart contract? For example, will the parties be able to conclude it for 5-10 years?
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?
October 25, 2017, 03:58:39 AM
Are there any bonuses for the most active participants of ICO who invest large sums?
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?
October 25, 2017, 01:25:08 AM
Hello! Do you plan to introduce into your project other blockchain technologies in the future? If so, which of them will appear first?
October 25, 2017, 12:47:28 AM
Is it possible to introduce the Confideal tools into one’s project in order to avoid fraud between users?
October 25, 2017, 12:25:10 AM
Can the functionality of Confideal app be estimated without Its connection to Ethereum? Is there anything like demo-version?
October 24, 2017, 07:47:02 AM
can Chinese invest it?
which exchange it will be listed?
which exchange it will be listed?
October 24, 2017, 07:45:19 AM
Is a smart-contract created automatically in Confideal? Do users have to edit it additionally using software codes?
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