About Confideal

Confideal is a unique smart contract management service for individuals and businesses, that allows its users to create and make safe, fast and anonymous deals powered by blockchain technology.

Contracting is a complex bureaucratic procedure that consumes significant money, time and resources, especially when dealing with overseas partners.

Confideal will reduce transaction costs, enhance the security of funds by escrow agent, improve the speed of the dealmaking process, resolve disputes through the arbitration module and expand business opportunities for enterprises, small companies, and individuals.
All smart contracts made with Confideal are encrypted and backed up on Ethereum blockchain to ensure their autonomy and safety.

ECOSYSTEM

  • Smart contract constructor
    A user-friendly platform for creating Ethereum smart contracts without coding
  • Arbitration module
    Non-biased, experienced arbitors and legal firms settle disputes right in the Confideal platform.
  • CDL Token
    An internal currency that allows to use Confideal’s services for free and vote for arbiters.

Features

The Confideal ecosystem includes three core parts:
- Smart contract builder
A platform for creating Ethereum smart contracts without coding
- Arbitration module
Non-biased, experienced arbiters and legal firms settle disputes right in the Confideal platform.
- CDL Token
An internal currency that allows to use Confideal’s services for free and vote for arbiters.

Technical Info

Technical details:  - ETH (Ether) will be used to conduct payments between the users. When making payments with ETH, 1% fee is applicable. - CDL (Confideal) - the internal cryptocurrency of Confideal platform. It is based on the Ethereum blockchain and is the main payment method used by the counterparties. 1% fee is not applicable to CDL payments, which means that the contractual service is free for CDL users. The source code:  The code of the product is partially available. Proof of developer:  Public team

Confideal Roadmap

 
  • Q4 2016

  • Winner at the blockchain hackathon in Moscow
  • Q1 2017

  • The first alpha version (MVP) released
  • Q2 2017

  • Basic smart contract for ICO’s builder released
  • Q3 2017

  • Successful pre-ICO
  • Q3 2017

  • Fundraising through the token sale
  • Q4 2017

  • Arbitration module launch API and Widget launch
  • Q4 2017

  • Step-by-step payments Arbitration esrow Documents vault
  • Q1 2018

  • Versioning control Filters and reports Contract export as local file
  • Q1 2018

  • External arbitration (national courts or UNCITRAL)
  • Q2 2018

  • Multi-language support
  • Q2 2018

  • Smart contracts for IoT
  • Q3 2018

  • Integration with Status and Parity
  • Q4 2018

  • Expanding to other blockchains (EOS, Tezos,
    district0x etc.)
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