Hello ... Dear Blogger buddy! Happy New Year 2018.
Congratulations with the AIDA team's holiday and service hoping for a productive new year. and of course, what's a new year's eve without a miracle? and in the company, AIDA service, it has happened!
Congratulations with the AIDA team's holiday and service hoping for a productive new year. and of course, what's a new year's eve without a miracle? and in the company, AIDA service, it has happened!
What is a smart contract and how does it work in our AIDA service?
The idea of a smart contract back in 1994 to Nick Szabo. He is a lawyer and cryptographer, he understands that it is possible to conclude "Smart Contract" based on a decentralized registry. But then there is no suitable platform, so it can be translated into reality. However, the situation changed in 2008, when the chain block technology emerged.
In turn, the Block Chain is a technology that is talked about all over the world. Information about chain block technology is recorded in encrypted form and distributed to all computers on the network. Each new block contains information about the previous one, which leads to the reliability of the circuit and to write information to the block, you need to sign the action with a unique private key. This ensures that no one will enter information on your behalf and without your knowledge.
That is, simply, smart contracts are computer algorithms designed to conclude and maintain a self-executing contract executed in a block-chain environment.
Because smart contracts operate on a block-chain, they give users confidence in the reliability and confidentiality of transactions where outside parties do not participate, whether government agencies or banks. It is an action / transaction made under smart, traceable, transparent and irreversible contracts.
However, smart contracts get extensive practical applications with the look and development of Ethereal projects. When the founder of Vitalik Buterin in 2013 came to the conclusion that bitcoin is less suitable as the basic protocol for smart contracting, since it was not originally designed for this task. Furthermore, Mr. Buterin decided to make from the beginning the most suitable protocol for smart contracting.
And our smart token AID contract is compiled based on the ERC20 standard ( https://github.com/Aida-Market/AIDA_ICO_SmartContract ).
The hallmark of our contract is the token price set in USD and not in Ethereal, which avoids the risk of interest rate volatility for investors.
This technical feature is made possible by the use of Oracle, a platform featuring setRate every 30 minutes, which then transmits the actual ETH / USD exchange rate of the top five cryptourrency exchanges as a parameter of the smart-contract. The token price is set to $ 0.25 each.
In addition to investing in Ethereal, investors will be able to purchase AID tokens for BTC, LTC, BCC and USD (from debit cards). The payment process in this currency will occur through the use of an automated platform that calculates the size of every incoming transaction in USD equivalent, tracks the number of transaction confirmations and once the transaction is confirmed, generates a token on the Ethereal address, ie indicated by the investor in the personal account.
The token issue is generated by raising the method (buyForInvestor), - to purchase crypto-currency signatures-BTC, LTC, BCC directly from the delivery address. To ensure the release of tokens in real time, the shifted design principle developed by Phenom (https://phenom.team) is used, when the entire release process is distributed simultaneously between the three controller addresses, allowing real-time token production, even in case of network congestion of Ethereal.
The token issue is generated by raising the method (buyForInvestor), - to purchase crypto-currency signatures-BTC, LTC, BCC directly from the delivery address. To ensure the release of tokens in real time, the shifted design principle developed by Phenom (https://phenom.team) is used, when the entire release process is distributed simultaneously between the three controller addresses, allowing real-time token production, even in case of network congestion of Ethereal.
ROADMAP AIDA :
The ICO process is divided into two stages:
1. Initial sale of token to investor (Pre-ICO)
○ Terms: 30.12.17 09:00:00 UTC + 6-20.01.18 23:59:59 UTC + 6
○ During this stage tokens are sold with a 15% bonus.
2. The main level of ICO
○ Terms: 21.01.18 00:00:00 UTC + 6-10.02.18 00:00:00 UTC + 6
○ No bonuses are applied at this stage.
AidaIco is the first intelligent contract to be structured and based on the concept outlined by Vitalik Buterin. Where during crowdsdale, investors are given the opportunity to return the funds invested 1 time:
For ETH investments: all tokens stored at the investor's address are burned and sent back to the investor wallet of AidaIco's smart contract.
BTC, LTC, BCC investment: the refund process is empowered by Oracle.
The amount of the investment is returned to the investor wallet, less the transaction fee.
Withdrawal key: during the major phase of ICO returns is only possible until January 30, 2018, inclusive.
Our mission.
- ➤ Development of unique automatic sales platform (service), which will target to complete 90% of the existing market.
Our vision.
- ➤ We aim to create the # 1 sales service in the world, which will take into account the main issues of our clients and pay attention to details that will help make their work easier.It is possible to solve the problems of all process participants: by providing tools that will operate as one organism.How do we see it? This is an automated service, which connects all participants and provides an opportunity to exchange information quickly and on time. We solve the issue of client order tracking and documentary flow through digitizing signatures and clients
Our company decided to use smart contracts, because we believe that contractual relationships can be partly or even fully self-government. The cryptography underlying smart contracts, providing a higher level of security than traditional contracts.
Therefore, our goal is to provide better, new, modern and innovative services to AIDA.
AIDA TEAM:
Visit our Links below:
WEBSITE • BLOG • TWITTER • TELEGRAM • WHITEPAPER • GITHUB
our managers will be happy to assist you
Author: Kobro
https://bitcointalk.org/index.php?action=profile;u=1152789
ETH: 0x8f5ef4838E6E3Df2095B3beb6C149AdE718D5D07
https://bitcointalk.org/index.php?action=profile;u=1152789
ETH: 0x8f5ef4838E6E3Df2095B3beb6C149AdE718D5D07
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