Contractium: Your Key To Success

Cryptash
Cryptash
Sep 9, 2018 · 3 min read

The blockchain industry has rapidly grown these days, thanks to the reliable and secured features they provide to the users. Smart Contract, which is a new technology made possible by blockchains, is still confusing to the general crowd, mostly due to blur understanding of the core interaction involved.

Smart Contracts: What they really are?

Put simply: a smart contract is a set of outlines in an agreement relationship where results are enforced with cryptographic code. Unlike traditional contracts, where involved parties need to put their physical signature on a paper, which is maintained by a lawyer, the smart contract makes the removal of middleman possible.

This notion was first conceived in 1994, by Nick Szabo, a computer scientist and cryptography expert. He compared them with a vending machine. Unlike real-world stuff, the smart contracts would fulfill the terms upon completion of agreed tasks as an obligation. It is the basic idea behind smart contracts.

What is Contractium?

Contractium is a distributed software, based on Ethereum smart contract, made for the convenience of users so that they can create a smart contract easily on any platform with just a few clicks and drags.

As opposed to standard print contract, Contractium lets you remove the blockage in the payment gateway. It can be also used as an online reward system where cryptocurrency system hasn’t been made legal yet.

You can make smart contracts in a matter of seconds with this software-as service system which has provided its users with excellent UX (User Experience).

Contractium’s role in the future of Smart Contracts

Now that Ethereum, the base of blockchain technology, is planning to switch its algorithm to PoS Proof of Stake), Contractium has moved even one step further. With its new PoC (Proof-of-Contract) algorithm, users are guaranteed with a fast, reliable and secure means of dealing with the commercial contract deals.

Capabilities of Contractium:

  1. Easy and trustful contract creation — just a few clicks will let you make a full-proof smart contract

2. CTU token — A revolutionary way of giving rewards/bonuses

3. Smooth, interactive and user-friendly interface

4. Safe and secure deals

5. Helps users gain extra money with online consumption

Key functions

• Smart contract application

• Crypto-payment gateway

• Token Issuen S-A-A-S

Scope of contractium

Freelance Industry: If you are a freelancer, then you can create a contractium smart contract to work in a trustful environment with the employers. This way, the employers will pay for a job while at the same time receiving a bonus back.

E-Commerce Industry: They can use all useful and secure functions of this software to upgrade the business.

Banking System: No other transaction system benefits more from smart contracts than Banking.

Online Game Industry: Developers and game studios can use contractium as means of reward system.

Overall, the smart contract applies to almost every possible field. That is because the contract system is present in every deal.

Conclusion

We recommend you make contractium your business ally to have secure and trustful environment while making contracts. They are reliable, safe and convenient leading to a successful future. ICOmarks have rated this software an amazing eight and a half stars out of 10. You can get to the official site to look at the reviews and critics, which are mostly positive and supportive.

Website: https://contractium.io/
ANN Thread: https://bitcointalk.org/index.php?topic=4602899
Whitepaper: https://docs.google.com/document/d/10BqajJ39sen3GeulHCSxGJ7vRx9UUT4AEkbpP2OSxmM/edit#heading=h.hpqizxn29byi
Faceboob: https://web.facebook.com/contractium.io/?_rdc=1&_rdr
Twitter: https://twitter.com/contractium
Telegram: @contractium”>https://web.telegram.org/#/im?p=@contractium
Bitcointalk Username: rabia_laskor
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2153374

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