CONFIDEAL ICO,Beyond Smart Contract
Confideal is a new platform that is still in the ICO phase of development. It will provide its users with a decentralized, anonymous way to make deals. In the case of a dispute, Confideal will also offer 3rd party arbitration. Confideal uses smart contracts on the Ethereum blockchain.
The Confideal Timeline
The Confideal project is ambitious, and as such, it’s accomplished much in a short period of time. In 2016, Confideal was a winner at the blockchain hackathon in Moscow. They released an alpha version in the early part of 2017, and are currently (late 2017) launching their ICO fundraising through their token sale. By the end of this year, they will have a basic smart contract for their ICO’s builder released, and by early 2018, they plan on launching their mediation module.
The have a timeline of upgrades and improvements that go all the way to 2020. On top of that, they plan on versioning their platform to other blockchains beyond Ethereum, and allowing their platform to support fiat currency as well.
The Arbitration Module
The arbitration module will elicit the aid of experienced arbiters and legal firms to settle disputes.
The Confideal ICO
According to the website, investment in the CDL token provides the investor with an internal currency, free access to Confideal’s platform, and the power to vote on arbiters.
The Bottom Line
Confideal is a legitimate enterprise consisting of a documented high quality development team. For more information, Confideal provides a concise FAQ to field commonly asked questions.
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