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Verdict

The smartest smart contract framework

The Verdict Network is building a blockchain that boasts an opinionated smart contract framework built to make smart contract development easier. The smart contract framework, dubbed Authority, is similar to using jQuery on top of JavaScript—it abstracts away problem areas and makes application development and lifecycle management easier. Authority also boasts a user interface which non technical users can use to create smart contracts for a wide variety of use cases. Hundreds of organizations in the US and dozens in the Seattle area are using Verdict in beta to build their blockchains because Verdict's technology is well suited for real-world use cases—doing things that chains like Ethereum cannot.

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Unknown
Token
VRD
Type
Price
1 VRD = 0.0004 ETH
Bonus
Available
Platform
Accepting
ETH, BTC
Soft cap
3,000,000 USD
Hard cap
30,000,000 USD
Country
USA
Whitelist/KYC
None
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About Verdict

Current smart contract languages are non-efficacious at modeling highly-complex real-world organizational structures, in part due to their inability to handle principal-agent issues. A highly opinionated smart contract framework could allow developers to easily build and manage these organizational structures by implementing permission-controlled restrictable account and contract types. Further, the framework could aide in the development, security, interoperability, and maintainability of decentralized applications (dApps) created on the framework, turning imperative ‘tangled-web’ smart contracts into simple, declarative relationships that are simple and easy to understand. The blockchains implementing this framework could boost the productivity and utility of their organizations, allowing new classes of smart contract and blockchain based organizations to emerge.

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