milestoneBased

milestoneBased

Applicature
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About

Truebit is a blockchain enhancement which enables smart contracts to securely perform complex computations in standard programming languages at reduced gas costs. While smart contracts can perform small computations correctly, large computation tasks pose security risks for blockchains. Truebit counteracts this shortcoming via a trustless, retrofitting oracle which correctly performs computational tasks. Any smart contract can issue a computation task to this oracle in the form of WebAssembly bytecode, while anonymous “miners” receive rewards for correctly solving the task. The oracle’s protocol guarantees correctness in two layers: a unanimous consensus layer where anyone can object to faulty solutions, and an on-chain mechanism which incentivizes participation and ensures fair remuneration. These components formally manifest themselves through a combination of novel, off-chain architecture and on-chain smart contracts.

About

milestoneBased enable any business to create a financial plan of milestones and fund the execution of the plan in the strictly programmed way milestoneBased deploys milestone plans on smart contracts which eliminate human intrusion and ensure the flow of funds according to was agreed, programmed and auditable. MilestoneBased unites investors, entrepreneurs and advisors aligning their commitments and investments around clear milestones. Every milestone, with its timeline, budget and details, gets set up as an immutable record on smart contracts, which makes it impossible to tamper with. The key business logic is performed on the blockchain through smart contracts. It’s practically impossible to modify or change the previously made record, and the flow of funds take place in strict accordance to the previously programmed algorithm.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Anyone in need of a blockchain enhancement solution to perform complex computations in standard programming languages

Audience

Smart contract solution for businesses helping them to create a financial plan

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Truebit
Founded: 2017
truebit.io

Company Information

Applicature
United States
applicature.com/solutions/milestonebased/

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Categories

Categories

Integrations

Ethereum

Integrations

Ethereum
Claim Truebit and update features and information
Claim Truebit and update features and information
Claim milestoneBased and update features and information
Claim milestoneBased and update features and information