A simple and friendly interface with a graphical representation of the data and the contract makes it possible to easily perceive, create, read and verify any contract on any device. Having passed the contract execution test, the funds are transferred to the counterparty. The contract falls into the database of completed contracts and is analyzed using AI. Conclusions about the realized contract, made by AI become a source of hints to other users. There is a question-answer system, chats, instant messages and a social network.
Performing smart contract comes to “smart computer contracts”, distributed among users. The process of creating the contract is available for monitoring and arbitration. Users can pre-built templates smart contracts, categorized for different activities. When creating a new contract and its successful application of it falls into the list of templates and is available for use by other users.
ARBITRATION AND TRACKING
Contract author and counterparties available tracking performance of the contract. In automatic mode, the stages and process of contract execution are demonstrated. This is relevant for complex contracts, where there is a possibility of non-fulfillment already at the initial stages. In this case, there comes a time arbitrage.
ENCRYPTION AND EXECUTION
After the approval of the smart contract is encrypted and sent to the blokchain. Crypto currency for execution of the contract is frozen on the internal account of the user in the RAZOOM system. Encrypted contract appears in the database of contracts and becomes available for the verification and enforcement. At the time of execution of the contract, he anonymously verified by other participants in the system, it runs automated arbitration.
SMART CONTRACTS FOR PEOPLE
Human relationships will become more reasonable. The user downloads the application, registers and registers its account of the crypto currency. The user finds a counterparty and creates a new contract or selects a smart contract template from the database. The user fills the contract. The user sends the contract to the counterparty for approval within the RAZOOM platform.
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