Review OATH Protocol

mostsoda
2 min readJan 13, 2019

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Website, Whitepapre, Telegram, Twitter, Medium

Overview
Today, Internet information is constantly evolving, the sequence between inventing and implementing a certain concept or new technology is extremely fast. In recent years, we have been seeing a significant trend for many digital consumers, from commerce, entertainment, to productivity -basically the whole design of the economy. Currently, traditional businesses, which are encountering barriers to trade disputes, must go through a very complicated procedure leading to very time-consuming and costly applications to management. case to judgment execution - the cost of complaint is relatively high. Currently, within the Blockchain, there have been many projects proposed to third parties or an arbitration panel to judge, but there is little attention to implementing a fair arbitration system. transparency and decentralization as well as governance model. Therefore, the implementation of Blockchain Technology in our daily life means that we replace the rationality and human rights through code. Synonymous, the code is always limited by itself - thus limiting the extent to which both parties can sign contracts safely - no matter how smart they are. We predict in the future how to resolve disputes in digital economies is certainly located in users self-managed in the community, solving in a most transparent and fair way. From there, will create a dynamic, autonomous arbitration system that can be trusted because it is managed by users, for users.

Conclude: This model project is very new to users, but in the future it will be more noticed by users when the issue of disputes is getting stronger. In my opinion this is a project that solves the problem of dispute and currently users are suffering from it. A good project is put into blockchain technology. At the same time, the team is experienced in the market. In addition to cooperating with many major partners such as NEM, Tripio, QuarChain … is also a bright spot for those who are interested in the project.

Note: The article is based on the author’s whole assessment. The article is for reference only and for you to see the overall of the project. (still have to wait and see if there is an ICO).

Mostsoda would like to thank you for reading.
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Website: https://oaths.io
Whitepapre: https://oaths.io/files/OATH-Whitepaper-EN.pdf
Telegram: https://t.me/oathsio
Twitter: https://twitter.com/OathProtocol
Medium: https://medium.com/@oathprotocol

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