BlockCAT Smart Contracts for the Masses

cryptogriff (34)in #crypto • 7 years ago

A recent project/ICO I invested in is BlockCAT. BlockCAT is short for Blockchain Complex Automated Transactions. BlockCAT aims to "simplify" the creation, deployment and management of smart contracts on the Ethereum blockchain and make them accessible to the masses with no programming ability or knowledge required. BlockCAT has a number of use cases some include chaining or combining multiple contracts to build out entire business payment models, transfer funds automatically and globally, transaction verification (remove the risk of sending Ether to the wrong address), secure business deals without lawyers, and many more.

BlockCAT plans to utilize a custom designed contract auditing system to keep users safe in a completely decentralized manner. Using BlockCAT you will be able to design custom contracts that meet your specific needs. Users will only pay for the functionality that is utilized thus allowing the user to tailor the service needed for individual use cases. Users will also be able to develop and sell those custom contracts on BlockCAT's internal decentralized exchange. The platform will have a mobile and desktop interface that can be utilized to manage your various contracts.

The ICO is still underway and is scheduled to end in a few weeks. They are also officially listed on EtherDelta and according to the BlockCAT twitter page have an alpha release of the platform ready to be released very soon. Below is a screenshot.

BlockCAT has a small, but seemingly, rather effective team with expertise in the areas targeted by this platform. They appear to be young, ambitious, and ready to succeed. With that being said, I am confident they will be able to execute the vision. BlockCAT aims to be fast, safe, secure, and user friendly and I think this will be a successful project and provide a great return. Below I provided links to where I sourced this information. The white paper provided by the team is solid and is more detailed about the project and its potential applications and direction. There is also a great interview held by ICO alert that is very candid and provides some great insights. I encourage you to check them out, do your own research, and draw your own conclusions. Thank you for reading.