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OATH Protocol

Power of Community Decision Making

Traditional decision-makers are being replaced by smart contracts. Code, however, is limited by itself and cannot execute when the parties involved face a conflict. Oath Protocol gives back power to general users who become jurors and then decide what should be done. In fact, any regular user can participate and give his/her opinion while our categorized random algorithm & built-in credit level system prevent collusion and increase accuracy of the verdict. Being a layer two chain-agnostic solution, Oath Protocol connects to public chains or dApps. The current partner network includes world-class chains such as NEM, Qtum, HPB, MOAC and many more. In addition, Oath Protocol can be implemented to replace centralized customer services on traditional internet platforms in e-commerce, rentals or data analysis.

4.8
1 0 expert ratings
Benchy 4.8
KYC
Experts
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Starts in 72 days 3 hours
2019-04-01 - 2019-05-30
Token
OATH
Price
1 OATH = 0.005 USD
Bounty
MVP/Prototype
Platform
Soft cap
2,000,000 USD
Hard cap
10,000,000 USD
Country
USA
Whitelist/KYC
KYC
Restricted areas
USA, China
More on ICO
Report

About OATH Protocol

OATH is a blockchain-based alternative dispute resolution protocol. It is an infrastructure layer between chains and dApps. By using a decentralized juror community with a complete new consensus mechanism, Proof of Common sense, OATH provides a robust, fair, transparent, and extensible dispute resolution protocol. OATH serves as a blockchain governance system that provides an effective warranty for smart contracts. If one side is dissatisfied with an outcome, resulting in a dispute, there will be a decentralized third party with no conflict of interest to resolve the dispute. The availability of a dispute resolution mechanism improves the reliability of smart contracts and provides a dependable protection mechanism for blockchain users. OATH acts as an insurance protocol for dApp users, protecting them from undesirable counterparty behavior. Once the OATH protocol is initiated, OATH jury community will vote on the verdict to resolve the dispute. OATH protocol will greatly improve users’ credibility and ensure that all contracts are guaranteed by an objective system and that, in case of a dispute, the parties have an unbiased, objective jury handling it. OATH can also provide verification of real-world information, which is presently a big issue for blockchain. As a standard protocol, any dApp that utilizes OATH may request any kind of real-world information from our jury community, our jurors will provide information, and the rest of the jury community will vote to verify the information’s authenticity and accuracy.

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ICO KYC Report
2 members invited
Yin Xu
Passed
Ievgeniia Vatrenko
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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