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BLOCKCHAIN CONCEPT

Bitcoin

Bitcoin is a cryptocurrency and world-
wide payment system. It is the first
decentralized digital currency.
FEATURES

Contractium

Contractium is a decentralized
software based on Ethereum
Blockchain.
FEATURES

Ethereum

Ethereum is a decentralized
platform that runs
smart contracts.
FEATURES

What is contractium

AN ETHEREUM SOFTWARE

Contractium is a decentralized software that based on Ethereum Blockchain, which helps users create smart contracts easily via desktop- / mobile- / web-app.

Contractium will eliminate the print contract that required signatures between two or more parties and/or notarized by the public notary or the other third party.

Contractium, as a software-as-a-service, helps businesses use as:

1. A payment gateway (in countries that accept cryptocurrency as the international liquidity).

2. An online reward system (in almost countries).

A BLOCKCHAIN APPLICATION

Contractium which based on Ethereum Blockchain - smart contract, is going to be integrated in the real business inner network.

Contractium with the more friendly UX/UI (User Experience / User Interface) in comparison with Ethereum, helps users create smart contracts easily by just some clicks, drag-and-drop...

Contractium network with its crypto-fuel,called CTU (token) will help online business change the way of giving reward/bonus to customers.

AN INTERNET SERVICE S-A-A-S

Contractium is an internet service software for guaranteed contract agreement. More over, as a software, it provides a set of integrated features which are very useful for business, marketplaces and commercial users:

  • User authentication, via seamless integration of cryptographic signatures

  • Fully customizable payment logic; easily create your own payment system on business website or personal business usage.

  • 100% DDoS resistant up-time, guaranteed by being a fully decentralized blockchain-based Ethereum platform

  • No-fuss storage: forget about having to set up secure databases; Ethereum gives you as much storage as you want.

  • Ultimate interoperability with Ethereum: everything in the Contractium with Ethereum ecosystem can trivially interact with everything else, from reputation to the other custom currencies

  • Ethereum server free zone: This application is developed on the Blockchain, meaning no need for setting up or maintaining servers; our users pay for the cost of their using your service.

With Ethereum, the functionality of Contractium as deploying software for internet services will become clearer and easier.

OPT-IN COMMERCIAL SMART CONTRACT

A smart contract is a computerized transaction protocol that executes the terms of a contract.

A smart contract is a computer protocol intended to facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts were first proposed by Nick Szabo in 1996.[1]

Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully self-executing, self-enforcing, or both. The aim of smart contract is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting.

For a example, Ethereum users can send 100 ETH to a friend on a certain date using a smart contract. In this case, the user would create a contract, and push data to the contract so that it could execute the desired command. Ethereum is a platform built specifically for creating smart contracts.

Ethereum allows developers to program their own smart contracts, or 'autonomous agents', as the Ethereum white paper calls them. And smart contracts are written in Solidity, a new programming language just like JavaScript... Smart contracts have been used primarily in association with cryptocurrencies.

Contractium is developed based on Ethereum smart contract, which helps common users to generate Commercial Smart Contracts, to cooperate business together in a trading / business network and / or in consuming paid information on internet.

A PART OF THE BLOCKCHAIN FINTECH

A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. A blockchain can serve as "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.

The first distributed blockchain was conceptualised in 2008 by an anonymous person or group known as Satoshi Nakamoto and implemented in 2009 as a core component of bitcoin where it serves as the public ledger for all transactions.[16] The invention of the blockchain for bitcoin made it the first digital currency to solve the double spending problem without the need of a trusted authority or central server. The bitcoin design has been the inspiration for other applications.[1][3]

Ethereum was initially described in a white paper by Vitalik Buterin ,[10]  a programmer involved with Bitcoin Magazine , in late 2013 with a goal of building decentralized applications.[11] [12] Buterin had argued that Bitcoin needed a scripting language  for application development. Failing to gain agreement, he proposed development of a new platform with a more general scripting language

Ethereum  is an open-source , public, blockchain -based distributed computing  platform featuring smart contract  (scripting) functionality.[2]  It provides a decentralized Turing-complete  virtual machine , the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency  token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed.[3] "Gas", an internal transaction pricing mechanism, is used to mitigate spam  and allocate resources on the network.[2] [4]

Ethereum's blockchain technology based on the Proof-of-Work (PoW) algorithm and now it is planning to switch to Proof of Stake (PoS).

That's why we create Contractium, which is based on Ethereum with the Proof-of-Contract (PoC) algorithm. Aiming vision to change the fintech industry together with the other peers in Blockchain era.

Contractium changes the way 02 strange users creating smart contract and proceed the deal on internet for online/offline working to get send and/or receive payment from each other fast, easily and securely.

Contractium changes the way internet users consume all kinds of paid information that make them get credited. All internet uers can earn extra money with their buying and/or consuming.

PROBLEM - SOLUTION - FIT

{TECHNICAL ISSUE}

Non technical-background online dealers need to easily create smart contracts based on blockchain technology.

{COMMERCIAL ISSUE}

One way, Internet users need to earn extra money through their online consumption. On the other way, their online consumption need to be rewarded through “cashback” as traditional way.

{TECHNICAL SOLUTION}

An Ethereum smart-contract-based software that helps non-technical-skilled users as contracters and contractees to easily proceed the smart contract .

{COMMERCIAL SOLUTION}

An internet service software that help internet consumers to earn extra money by their bounty and reward through their consumption and / or service using.

WHY DO WE DEVELOP CONTRACTIUM?

Ethereum Blockchain technology is based on the Proof-of-Work (PoW) algorithm and now is planning on switching to Proof-of-Stake (PoS). That's why we create Contractium, which is based on Ethereum with the Proof-of-Contract (PoC) algorithm.

We believe in the next generation of smart contracts as we are building an Ethereum-based smart contract technology to secure commercial deals between contracters and contractees on internet with Proof-of-Contract protocol.

MISSION

Help contracter & contractee to sign the commercial smart contract easily & trustfully.

Make commercial smart contract easy & secured.

Help users to earn extra money with their online consumption.

VISION

Internet users' smart contracts application.

Eliminating print contract.

Replacing online traditional rewards/bonus system.

Quote Contractium would never be possible without Ethereum & Bitcoin
-contractium tech team-
Quote