ContractNet is a new public, permissionless blockchain which is purpose built with the storage, sharing and analysis of IoT data streams. The ContractNet technology company is based in Hong Kong, and is registered in both Hong Kong and the USA.
We believe that a systemized framework for sharing IoT data, and a platform for developing distributed apps & smart contracts, could benefit all industry sectors for the better. The ContractNet is positioning itself at the intersection of these exciting technologies - Blockchain, the Internet of Things and Smart Contracts.
It has been designed and optimized specifically for IoT solutions, where IoT device owners can share their data streams in a secure, incentivized manner, and application developers use this data to develop the next generation of apps and contracts. External devices (called data providers or “Oracles”) will interface directly with the ContractNet network, providing time-series data from the physical world, to the walled garden that is a smart contract (or distributed app) within a Blockchain, in a safe, secure manner.
Token exchange price
|Current price||0.214403 USD (0.00003301 BTC)|
Token exchange statistics
|Total supply||23.0 million CNET|
|Volume (24h)||549.803 USD|
Token price history
|Token for sale||15,000,000 CNET|
|Restricted countries||No restrictions|
- Round 1 (March 10-12): 25%
- WEBSITE AND WHITEPAPER LAUNCH
- OFFICIAL LAUNCH OF CONTRACTNET WEB EXPLORER
- OFFICIAL LAUNCH OF DESKTOP WALLET AND TOKEN SALE
Users will be able to download Node, Miner and Desktop Wallet software. In addition, investors will be able to acquire ICO tokens. Creating and maintaining a core, cross-platform, desktop wallet will be the primary focus of the development team. Users can use the ContractNet’s desktop wallet client as a primary, secure wallet for making transactions on the ContractNet, as well as allowing the user to increase the decentralization of the network by running a full node and becoming a peer on the network.
- FSOLIDM IMPLEMENTED
FSolidM (see https://arxiv.org/pdf/1711.09327) will be implemented to further secure smart contracts.
- FOUNDATIONAL (ONLINE) WALLET
Development will follow the principles set forth by Satoshi’s vision of decentralization and transparency. As such, the team will work to support open source and experimental development on the ContractNet by any developers who wish to enhance the usability of network.
- LIGHT WALLET
The development team will also place a high priority on the creation of a light-weight, browser-based wallet for interacting with both contracts and value transactions on the network.
- FSOLIDM LAUNCHED TO FURTHER SECURE SMART CONTRACTS
- ORACLE HUB
Oracles will be extensions of full nodes that have interfaces to IoT technologies. ContractNet will launch an Oracle Hub of in-house developed plugins for the most common IoT devices. The hub will also provide an opportunity for 3rd party developers to create and share their oracles on the hub, either for free, or for a fee.
- MOBILE WALLET
- DAPP BROWSER
The Blockchain has already been created and tested and a beta version is in place. The code can be viewed at (https://github.com/ContractNetLabs/go-ContractNet).
- DEVELOPMENT TOOLS AND AUXILIARY APPLICATIONS
ContractNet envisions supporting a community of open source and private developers building mutually beneficial smart contracts and Dapps, and will build robust tools that aid in the testing, securing and deploying of smart contracts and Dapps. Some of these will include:
● IDE (Integrated Development Environment)
● Blockchain Test net
● Automated Testing Framework
● Oracles for different needs
- PAYMENT MERCHANT/GATEWAY
Contract Net will act as a third-party payment processor for businesses. We will develop the required merchant tools, and will charge transaction fees for acting as a payment processor..
- FUTURE PROSPECTS AND UPGRADATIONS
ContractNet is built to be modular and upgradable at the protocol level, while technical advancement will primarily need to be at the software level during the early stages of the network. The future :
● Upgrade to proof-of-stake should it prove to be a better option.
● Scalability solutions as adoption of the network increases on a global scale.
● Further developer tools, mining pools/software and light weight clients
● Regular technical blogs
|Current price||0.214403 USD|
|Alexa rank||944,520 th|
TrackICO does not encourage investing in any ICOs published on the platform. Make sure to do your own thorough research before putting money into Initial Coin Offerings. All content on TrackICO is meant to be used for information purposes only, and should not be taken as financial or investment advice.