Confideal Unites Businesses And Arbitrators Within Smart Contract Technology
Summary
This module aims to create a project with long lasting potential which matches merchants with arbitrators – qualified third-party legal firms or professionals chosen to resolve a dispute – within the platform.Management options give full control over the transaction (e. g. to close the deal, break it, set up fines and down payments, etc).Data is encrypted and protected by Ethereum blockchain, which guarantees the immutability of the terms of the deal, with no personal information revealed.Another meaningful feature of the platform is that smart contract technology is created to eliminate administrative and legal barriers but requires programming skills.To overcome this, Confideal aims to provide an easy to use interface that requires no programming skills to create and manage contracts in the Ethereum blockchain environment.