One of the parts of the business that gives a headache is when entering into a contract with two or more parties. Mostly the terms and conditions of the contract are the part that takes a lot of time to agree, and a third party has to be involved. Implementing the terms of a contract proves to be another issue which is cumbersome to all parties.
With the use of modern technology smart contract is changing this tedious and time-consuming way of contracting.
Contractium is software which uses the Ethreum platform and ensures the users can easily an efficiently create a smart contract. The big vision of contractium is to enable people using the internet to do business to get rid of the printed contracts.
There are many advantages that the companies that use contractium experience in the course of carrying out their business. Contractium software is programmed in a manner that eliminates downtime making it reliable all the time.The availability of all the important information is easily obtained without much hassle as the system is consistent at all time that it may be required.
Another important issue is that contratium assures safety from fraud and therefore safeguarding all the relevant information and transactions. One disturbing fact of using the printed contract is the leaking and subsequent loss of important information hence jeopardizing the working of the company. Another merit that users of contractium experience are that it makes it hard for third parties to interfere with the agreed contract terms and working of the company. The traditional way of carrying out a contract is characterized with a lot of involvement of other people who proves to be a big headache.
Contartium platform helps eliminate all the middlemen and parties that hinder the smooth running of the company’s business. Businesses that choose to use contractium can store vital records and delicate information in the order that is easier to carry out. Record such as the pledges, debts, creditors, and transfer of funds are arranged effectively to eradicate delays and to default.
Currently many companies and business are in the forefront to make their mark on the global market, and contractium software creates an easier avenue as it works on ethreum which is decentralized. This is because with the smart contract it is easier to reach and do business with any party in any part of the globe. This is not the case with the traditional print contract. Since smart contract uses the internet, this enables the contracting parties to transact their business quickly and hence saving a lot of time and cost. This software is giving Companies Avenue to thrive and be competitive in global markets.
The future of doing business is through the internet, and traditional method are quickly becoming obsolete this means it is becoming more difficult to do business in old ways hence proving that it is the time to go for contractium software. Business and companies that are still holding to the usual way doing business are at risk of the closing shop as competition stiffens. The smart contract is absolutely the modern innovation that all business should adopt.
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: https://web.telegram.org/#/im?p=@contractium
Author
Bitcointalk Username: sufiasyl
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2153432
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