Hello everyone, its time to talk about an amazing andinnovative platform called Contract Vault.
Contract Vault is a platform that is powered by Blockchain, which was designed to enable anyone develop, utilize, exchange, customize, and repurpose legally solid contracts. In partnership with world-class legal minds, the team behind this undertaking intends to make it so easy to create a contract that, anyone will have the capacity to.
Contract Vault is a platform that extensions the bay between legal contracts and smart contracts making the creation, management and integration of contractual procedures on the blockchain simple.It is the answer for prepare everybody for the brave new universe of smart contracts - and make them Truly Smart.
HOW DO WE COME ABOUT THIS?
The legal administrations industry is as of now entering a phase of profound transformation and smart contracts and blockchain innovation are taking the world by storm - yet by what method can lawyers, customers, developers and corporations reap the advantages of these new advancements.
There are four issues with contracts and smart contracts that the Contract Vault platform aims to understand:
CONTRACT USAGE
Contract templates are regularly inadequately drafted, outdated, unclear, not really customisable or extensible and require too much legal learning to use for average purchasers.
CONTRACT CREATION
Contract creation is hard, inefficient and dreary, notwithstanding for legal professionals. Collaboration with customers is inefficient and usually consists of emailing reports back and forward.SMART CONTRACTS
Smart contracts are complicated and costly to execute, inaccessible to non-technical individuals, can be insecure and are regularly not legally compliant. They are developed for particular utilize cases and are not reusable.ACCESS
Access to legal and technical advice for conventional and smart contracts is costly and hard to obtain rapidly.
With Contract Vault clients can develop their own particular reusable, customisable SmartTemplates or access an extensive variety of ready-made checked, legally-enforceable SmartTemplates which can be utilized to generate any kind of conventional or smart contract. Lawyers can give advice, gain admittance to secure smart contracts and utilize our tools, for example, SmartDossiers to collaborate with their customers all the more effectively. Blockchain specialists can offer their expertise and administrations specifically on the Contract Vault Marketplace. Businesses can rapidly and proficiently actualize (smart) contracts tailored to their necessities.
The Contract Vault platform can generate a variety of finished results from our SmartTemplates, including:
☆Conventional legal agreements, which can then be utilized offline in the usual manner
☆Legal agreements, which can be saved safely on decentralized storage and made tamper-evidence using marked blockchain transactions
☆SmartForms and SmartDossiers, which engage legal professionals by enabling them to communicate and collaborate with their customers all the more productively
☆Customised Smart Contracts, for example, Ethereum Smart Contracts
☆Legally-enforceable Smart Contracts in the type of Ricardian contracts or dual-linked smart contracts
THE APPLICATION
Contract Vault offers a vast amount of applications. These include;
• SmartShares
• SmartICO
• Will Execution and Donations
• Publishing
• Market Lending
• Farmland Investing
THE VAULT TOKEN SALE
As said earlier the Contract Vault is based on the Vault token, with the ticker name VLT. It is an ERC compliant utility token, deployed on the Ethereum Network.
TOKEN DISTRIBUTION
The total supply of token is 900,000,000 VLT and according to the website, will be distributed thus;
Half of the total supply, i.e. 450 Million VLT, will be used for the public sale. Another 180 Million VLT will be kept in the company reserve and be used for long-term budget.
Early contributors and advisors will receive 112.5 Million VLT, while the founders and team behind the platform will receive 90 Million. The remaining 67.5 Million VLT will be used for marketing and bounty services.
Thanks for your time. For more information visit :
Website: https://www.contractvault.io/
Whitepaper: https://www.contractvault.io/token/#document-assets
Ann Thread: https://bitcointalk.org/index.php?topic=3463255.0
Twitter: https://twitter.com/Contract_Vault/
Facebook: https://www.facebook.com/contractvault.io/
Reddit: https://www.reddit.com/r/ContractVault/
Medium: https://medium.com/contract-vault
Youtube: https://www.youtube.com/channel/UCDZVOMhhdPF1qCfNghddRpg
Telegram: https://t.me/cvchat
Authored by Solman: https://bitcointalk.org/index.php?action=profile;u=1903032
Public key: 0xfB83b7361ADaab3CE2418B50Fd316575c7445848
#ContractVault #TokenSale #SmartContract