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Sunday, November 25, 2018

W12.io - Blockchain Protocol

In world online including (cryptocurrency) Transaction are thing that concern public the most.
In buying and selling transaction. Transaction security is attention most. Every party who want to do a buying and selling transaction. Of course they maintain the security of transaction to avoid bad things.

Transaction is the activity of changing position. Like buying and selling.

This time I will reviewing Blockchain Protocol platform.

https://tokensale.w12.io/?utm_source=bitcointalk
 


W12 is creating a decentralized infrastructure in which parties do not need to trust each other.

The protocol uses blockchain technology to ensure the transparency and addressability of transactions, smart contracts and oracles to ensure the control of implementation of the main stages of the roadmap by the project. The W12 solution also includes mechanism for DAO creation and a platform that allows projects to raise funds via Token Sales without initial costs or special technical knowledge.
 

https://tokensale.w12.io/?utm_source=bitcointalk

The oracles in the decentralized W12 network transmit verified information from the external world to the blockchain and confirm the execution of the scenarios programmed in smart contracts.

W12 creates a system in which the parties do not need to trust each other, the settlement of disputes occurs quicker, more transparentand at a lower cost, providing a wide range of users with easy access to the benefits of blockchain technology.

At W12 we are creatinga bridge between the crypto industry and the traditional economy by integrating our solution into real businesses.

The W12 solution allows to reconsider the role of the state as an arbiter in relations between parties and to relieve part of this burden from state institutions, shifting it to smart contracts and self-regulated decentralized organizations. The implementation of the W12 solution creates the basis for a new decentralized digital economy and is likely to affect some traditional financial and civil-law institutions in the immediate future.


The W12 solution includes:  
   • The W12 protocol for creation peer-to-peer digital contracts
   • Digital contracts templates
   • The W12 decentralized oracle network
   • The voting and decision-making mechanism
   • The algorithm for digital contract execution
   • Utility token sale platform
   • Charity campaign platform
   • Security token sale platform (legal framework in development);
   • The mechanism for diversification of funds into other crypto-currencies and 

      their lock up in smart contracts according to project choice. 

The main advantages of the technical implementation of the W12 solution is the flexibility, trust and transparency it offers to projects and token buyers:
   • The project can issue tokens inde pendently and sell only part of its tokens 
     via the W12 solution using our smart contracts based on milestones (for 
     example the project can allocate 1%, 2%, 5%, 20% or 100% of its tokens 
     for sale on W12). 
   • The project can implement almost any logic for its token sale (by setting 
     any interval for its sale rounds, discounts and bonuses, lock-up periods for 
     early token buyers and many others). No programming required. 
   • The project can issue tokens via the W12 smart contracts and sell part of its 
      tokens indepen dently (for example, through private or via its website for 
     the crowd).
   • Creation of the ecosystem where token buyers do not need to trust the 
     project team. When token buyers use W12 smart contracts for purchasing 
     projects tokens, the team will execute its road map to receive token buyer’s 
     funds.
   • Allows token buyers to receive up to 99.9% of their funds back if the 
     project does not deliver or turns out to be a scam.
   • Significantly increases returns in the early stages of ICO participation. 
     Provides the possibility of limiting the sale of tokens by early-stage token 
     buyers on exchanges immediately after the ICO ends, preventing a token 
     price crash (project must activate the Token Hold function).

Smart contracts release funds to any project only when they meet their milestones.

https://tokensale.w12.io/?utm_source=bitcointalk

W12 proposes the charity roadmap and oracle system as a template for transparent and fraud resistant communication between the fundraisers and charities. Charities will always be in tight connection with their contributors, and the donators will always be able to see the impact of their fund contribution. The oracle system will provide constant audit of the charity roadmap and milestone accomplishment; hence the donors will be able to receive adequate and transparent information of the charity campaign.  

https://tokensale.w12.io/W12-en.pdf

W12 -allows charity organizations and individual social entrepreneurs to propose charity missions to the public through modern and high-tech PR channels. On the other hand, social contributors are able to enforce decentralized milestone control and 2-way communications on the charity fundraise team.

W12 ensures that social entrepreneurs will always be able to raise donations and will always reach their audience, whilst the fund contributors will be able to receive proof of impact and if not, will be able to securely return their funds.  

The difference from the full blockchain scenario appears only after the W12 campaigns tokens are issued, prior to that, all procedures are similar. Once the W12 campaign tokens are created, W12 will start accumulating fiat currency on its bank account. The charity campaign will receive fundsin exchange for the remaining tokens as soon as the W12 oracle network confirms milestone accomplishment and roadmap conformity.  

   • Transparent control over charity campaign
   • Constant two-way communication
   • Proof of impact through milestone accomplishment
   • Ease of fund aggregation  


For information furthermore please visit the media  below this; 

WEBSITE    WHITEPAPER    MEDIUM    TWITTER     FACEBOOK    TELEGRAM 


AUTHOR

Bitcointalk Username; Tamrlan
Bitcointalk URL; https://bitcointalk.org/index.php?action=profile;u=696580
Telegram URL; https://t.me/Tamrlancoin
Adress wallet ETH; 0x65F6cD45F257D7C340F572BA460C0cE3639d4A60 

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