Smart contract management platform Confideal has announced that they have reached a cooperation agreement with TrueDonate.
[Note: This is a press release.]
Being experts in fundraising and smart contracts, Confideal and TrueDonate will cooperate to make sure that each platform shares the best features with each other.
For the fundraising process, a unique legal framework is required to protect donors and ensure control over the targeted use of the collected funds. In each case, this is built in the form of a smart contract that is registered in Ethereum. Thus, Confideal will provide templates for smart contracts to TrueDonate as well as the needed level of support to their customers.
Likewise, TrueDonate will provide the platform for Confideal in order to raise funds, making this process as convenient and transparent as possible.
TrueDonate is a blockchain-based platform for organizing the collection of funds in cryptocurrency. Everyone, from individuals to large organizations, can organize simple, honest and transparent fundraisers for any purpose, with full control over spending. The platform’s anti-fraud features, coupled with community reviews and user ratings, help to alleviate fraud and corruption concerns.
For more information about TrueDonate please visit truedonate.io.
Conﬁdeal is a visual smart contract builder that makes creating, managing and enforcing smart contracts quick and easy. Users with absolutely no coding skills can create an enforceable, self-executing and secure digital agreement powered by Ethereum for all types of transactions. The platform’s built-in arbitration module allows contract parties to resolve disputes in the Conﬁdeal environment using top-rated arbiters without the need to reveal any personal data. It offers a revolutionary opportunity for enterprises, small companies, and individuals to execute deal without the need for costly and delay-inducing intermediaries.
Images courtesy of Confideal