Make Your Blockchain-based Application with Cardstack

Cardstack is an ecosystem that’s powered by the proprietary Cardstack token – it is used to pay for the services used. The platform was designed to that to ease user experience and make it flawless. The principle of work is pretty simple:  

1. A user registers and creates a wallet (ETH      cryptocurrency is converted into the Card token).
2. A contract for app development and purchase is      concluded. So-called smart contracts are enabled by Ethereum blockchain –      that ensures total transparency of operations and solves the issue of      trust.
3. A user redeems software and services.
4. Developers are paid by Card tokens obtained from      the reward pool. The amount of reward depends on data usage, customer      feedback, transaction history, and code dependencies. 

  Technical peculiarities

Cardstack project has a few distinctive features. First, contracts are paid by Software and Services Coupons. They are pegged to the US dollar and deposited in a contract. Cardstack tokens can also be converted into SSC. When the application is used, these coupons are burned to create the on-chain transaction history to determine the allocation of tokens and reward contributors. Secondly, several oracles will be used to maintain the functioning of smart contracts (for metering, the heartbeat function, fees, exchange, and attribution). Thirdly, Tally protocol powers dApps to make complex computations (rewarding, batching payments, and counting votes) and organize extended networks of users. More tech-savvy users can find useful information in the whitepaper.  

  Cardstack team

The Switzerland-based project is founded in 2014 and headed by Chris Tse who partners with numerous blockchain architects and open-source contributors to develop the experience layer of Cardstack. He has over 10 years of experience in co-working with more than 500 companies! The list of contributors is impressive, and the fact that Cardstack is an open-source platform means that the expertise and knowledge of many outstanding specialists can be united to make it perfect.  

The main reason why you should try Cardstack is that blockchain is the new technology that drives modern businesses. Instead of hiring an IT team and blockchain specialists, you can exploit this platform to find ready solutions or the team who can help you to develop them.   

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