CONTRACT VAULT

Every crypto fan knows that Blockchain technology creates contractual trust. This is a meaningful representation of truth. That is why many other startups have promised to increase the contract by using Blockchain. However, we think bigger.

The Vault contract is a Blockchain-powered platform where anyone can develop, use, resell, adjust and reuse legal noise contracts. We work with world-class legal partners to make contracts that someone can do, and as easy as drag and drop.

This includes the next generation of Ricardian contracts - contracts that marry natural language contracts with Intelligent Contracts and thereby make them legally enforceable. Smart contracts, executed correctly, have the potential to facilitate agreements in thousands of existing and new contexts.

Simply put, it is possible to fully modernize trade, reduce dependence on intermediaries, optimize digital processes, reduce transaction costs and enable fraud-proof transactions.

By making Intelligent Contracts legally enforceable, so they have legal consequences in the 'real world', it is possible to transfer physical property, assets or rights randomly completely decentralized, secure and lawful.

So far, smart contracts have a significant risk - because, like other sophisticated tools, they can get very wrong without proper protection. The Vault Contract Platform includes independent, impartial impartial Intelligent Contract verification, many ready-to-use functions and legal information at the tap if needed.

Smart contracts are just as good as the legal documents that accompany them. Without them it is impossible for outsiders or courts to determine between whom and why certain transactions occur. For contracts that do not require formalities, the Ricardian Contract is the ideal construction to optimize and automate these contractual relationships and processes. The use of Ricardian business contracts that require formalities requires changes to the current rules in some jurisdictions. Legislators will only begin to notice when active pioneers in this field present sensible solutions that offer added value.

The Vault contract is built in the heart of the Swiss Crypto valley, in Zug. Vault contract is a platform supported by Blockchain where anyone can develop, use, resell, adjust, and reuse legal contractualities. It is a toolkit for contract building, as simple as drag-and-drop, a market to sell it and a safe environment to see it. We are also home to tomorrow's smart contract automation; where a satisfied contract automatically leads to an event such as changing hands or a document that is being updated. From buying homes to opening micro payments in third world countries, Contract Vault is a new world of trust.

The Vault contract is a platform that bridges the gap between legal contracts and smart contracts, making it easy to create, manage and integrate contract processes in blockchain.

This is a solution to get everyone ready for a smart new world of smart contracts - and make it really Smart.

SMALL CONTRACT CONTRACT

USING Use a Ricardian contract to combine traditional legal contracts with smart contracts, ensure their legal enforcement and enable transfer of physical property and rights to blockchain.

RICH ECOSYSTEM

Through the rich legal advisory ecosystem of Contract Vault, blockchain and corporate experts, users gain access to expert advice, arbitration and mediation.

ACCESSIBLE

Our intuitive interface allows anyone to create, test and manage traditional and smart contracts with just a browser or mobile device.

MARKETPLACE

Open, modify and apply a variety of contract templates that are legally and technically controlled. Assess contract templates and discuss directly or get direct access to legal and technical advice.

CONTRACT BUILDER

Create your own traditional or smart contract or change an existing contract to meet your needs using the SmartEdit visualization tool and natural language processing.

WHITE LABEL SOLUTION

Legal companies, banks, insurance companies, and other companies can offer their White-label Contract Vault versions to their customers.

LABOR

Make a contract, from simple conventional loan agreement until the application Legal, Insure or complete Fintech that uses events in the chain and outside chain.

ENTERPRISE-READY

our API allows companies to create or enhance applications by integrating existing processes with smart contract without having to develop it for months.

DEVELOP NEW SALES CHANNELS

Companies and service providers gain access to new customers through advertising platform options that encourage users to use their services.

Contract Status Quo is difficult. Smart contract is not really smart.

The legal services sector is currently undergoing a profound transformation phase and smart contracting and blockchain technology takes over the world, but how can lawyers, consumers, developers, and corporations take advantage of this new technology?

There are 4 issues with smart contracts and contracts that want to complete the Vault Contract platform:

ISSUE # 1

USING CONTRACT

Contract templates are often poorly designed, outdated, unclear, unadjustable or expanded and require too much legal knowledge to be used by the average consumer.

PROBLEM # 2

CONTRACT CREATION Making

contracts is difficult, inefficient and annoying, even for legal professionals. Collaboration with customers is not efficient and usually consists of e-mail documents back and forth.

ISSUE # 3

SMART CONTRACT

Smart contracts are complicated and expensive to implement, inaccessible to non-technical, insecure and often unlawful people. They have been developed for certain use cases and can not be reused.

ISSUE # 4

ACCESS

Access to legal and technical advice for conventional and intelligent contracts is expensive and difficult to obtain quickly.

The Solution

Contract Vault is the place where it will change.

Users can get their own re-use, build or customized Access Intelligent Templates for a variety of Intelligent Ready Templates, verified, legal forces that can be used to generate some kind of conventional or smart contract. Lawyers can provide advice, access protected smart contracts and use our tools such as Smart files to work more efficiently with their customers. Blockchain experts can offer their expertise and services directly in the Contract Vault Marketplace. Companies can quickly and efficiently apply (smart) contracts tailored to their needs.

Use Case /

Space Integration is the limit when it comes to the use case of the Vault Contract platform. Our unique visual editor SmartEdit supports each type of contract.

Agreements can be modeled as conventional contracts, smart contracts or a combination of both. For example, if you lend your car to another party, you can include security (for example in the form of a token) to be transferred by the borrower as a validity requirement for the contract through a smart contract.

The ability to activate smart contracts using both storage events and outside the chain makes it possible to create a complete blockchain application.

Below are some recommended projects and applications that are currently being developed or planned and built on the Vault Contract platform.

SmartShares

SmartShares aims to solve the following problems using the Ricardian Contract and Vault contract identity services: creating a market for unregistered companies and managing stock exchanges. Create liquidity for what is currently an illiquid asset.

Let the company manage their relationship with shareholders through Smart Contract. Pay dividends seamlessly with Smart Contract. The stock market is complex and expensive, so unregistered entities do not have access to liquid assets offered by the open market at no significant cost from an initial public offering, or at least significant pain from the listing of subsidiaries such as AIM. The cost is also high for those who make transactions.

By using Smart Contracts to symbolize the shares of unregistered companies and Ricardian contracts to make them tradable, trading costs can be just a fraction of what even an online equity platform can offer today. In addition, other unregistered shares that have been digitized on Blockchain enable other aspects such as voting and the allocation of dividends to be made more efficiently. Shareholders can also use their current liquid shares - as securities to raise capital.

As a first step, interested companies should evaluate and amend their articles of association and shareholder agreements, make possible attribution of shares and establish rules for possible transfer. We work with a notary to ensure efficient and cost-effective change. After they are cashed, SmartShares replaces existing ones and each company does its own Smart Contract token with a list of shareholders and their token allocation. Creating a transaction is as easy as moving rights as it does with every Blockchain transaction: a decentralized ledger and a transaction confirmed by agreement.

We work on the process (and it is a process, not a digital tool) to ensure that the identity of the parties in the transaction can be established and linked to the Ethereum address. Each exchange must also be signed - in unison - digitally for the transaction to take place, and the digital signature will also be verified. Contract Vault is a leader in the Ricardian contract; Smart Contracts with the legal and functional qualities required to actively conduct transactions. SmartShares is a joint venture with our technical and legal partners, we have done a lot of work on the legal framework to make decentralized trade a reality.

Our SmartShares products (trading environment and support services for the development of trade-oriented Intelligent Contracts) are already under development, built on the architecture offered by the Vault Contract platform.

The Vault Contract Platform can produce end products from our SmartTemplates, including:

Conventional legal agreement, which can then be used offline in the normal way

Legal agreements, which can be safely stored in decentralized storage and protected from manipulation using signed blockchain transactions

SmartForms and SmartDossiers, enabling legal professionals by enabling them to communicate more efficiently with their customers and cooperate

Customized smart contracts, such as the Ethereum Smart Contract

A smart contract that can be implemented globally in the form of a Ricardian contract or a dual-linked smart contract.

Token Classification and Usage

VAULT ("VLT") is a transferable, ERC-20 compatible token used on the Ethereum network. With VLT, consumers, law firms and companies can use the Vault and Marketplace Contract platforms, while creators are encouraged to create and maintain high quality contracts in the Vault Contract Market.

The Vault Contract market is at the heart of the Vault Contract ecosystem with a variety of contractual and contractual contractual and contractual contract templates from Contract Vault itself and partners such as lawyers and technical experts.

VLT is used throughout the Vault Contract ecosystem, in particular to consume services or to increase visibility in the Vault Contract Market:

A) Consumers may use VLT to access services such as conventional and smart contract templates in the Vault Contract Market and may accept VLTs by reviewing and evaluating Marketplace articles and services or by signing up for value-added services offered by business customers.

B) Companies may use VLT to access conventional and smart contract templates and to offer their value added services to Vault Contract users. They can accept VLT through applications with white labels.

C) The Firm may accept VLT by creating or reviewing content in the Vault Contract Market, using offered contract templates or providing manual legal support to customers. They can use VLT to access smart contract templates for or on behalf of their clients.

D) Service providers, such as legal practitioners and blockchain experts, may accept VLT by offering, customizing or controlling the content, but also by offering their expertise directly to Vault Contract users. Legal professionals may also offer arbitration or mediation services in the event of a dispute or act as a trustworthy oracle.

Delivery and allocation

Maximum token amounts: the maximum total amount for the full VLT allocation (including personal pre-crowdsale for certain entities and individuals, phase I and phase II sales, as well as contributions from private and individual entities from strategic values to dome project contracts) will be defined as hard cap and equal to CHF 45,000,000 (excluding costs incurred from or associated with the insertion process) (Maximum target) Vault Token LTD may, at its sole discretion, determine that the Maximum Target is reached when the total amount transferred to the Smart Contract System is close with the maximum goal, even though the actual purchase amount received by the Smart Contract System will be lower than the maximum target (for example if the total number of purchases does not match the maximum target).

Total VLT token supply: total VLT maximum supply is 900,000,000 VLT. The total amount of VLT will depend on the actual offer made during Personal Recovery, Phase I and Phase II Sales and will be specified as the total delivery of VLT tokens (Total VLT Token Supply).

Token sales period: VLT sales period (Sales Token Period) begins on a date and time set to be announced on the Token Vault website and continues for a period of six (6) weeks or when the maximum number of tokens has been reached, depending on what happened before .

A) Phase I of Public Sell Token begins on May 1, 2018 and ends on May 15, 2018. Participants of Phase I will receive up to 25% bonus chips (1 CHF = 12.5 VLT). A maximum of 50% of the General Sales Pool (see below) is available during Phase I.

B) Phase II of the Public Token on sale begins on June 1, 2018 and ends on 15 June 2018. All other VLTs in General Sale Pool (see below) are available during Phase II.

Exchange rate: the token sale rate is 10 VLT for each purchase equal to 1 CHF. The relative level of ETH / CHF will be displayed prior to insertion in honor of the participants and calculated by the Company based on the average ETH exchange rate / CHF will be obtained at the time of the contribution of some independent sources.

Token Distribution: VLT assignment is determined as described below. User purchases in Phase I or Phase II will distribute VLT from a public sale pool. The total amount of VLT distributed from the Public Sales pool at the end of the Token sales period depends on the amount of money contributed.

A) The General Sales Pool consists of a maximum of 50% of Total Token VLT Supply. The General Sales Pool is intended to be made by a smart contract system at the end of the Token Sale period and ultimately (distributed directly or through a third party) to users who have made purchases (in Phase I and / or Phase II)).

B) The company's reserve set consists of 180,000,000 VLT (ie at least 20% of Total VLT Token Supply) and will be allocated to Contract Vault and / or its subsidiaries as company reserves and for long-term budgets.

C) Initial Pool of Contributors and Advisors comprises 112,500,000 VLTs (ie at least 12.5% of total VLT Token Supply) and at the discretion of Token Vault LTD is allocated to initial contributors, partners, consultants and strategic partners of Contract Vault. project. VLT in this pool may be subject to an individual locking period.

D) The founders of the Vault and Team Pool Contracts consist of 90,000,000 VLT (ie at least 10% of Total Token VLT Supply). This collection will be allocated and distributed to individuals who have participated as managers, founders or team members, or have worked on the development of ideas, implementation and support structures of the Vault Contract Project. VLT in this pool is subject to lockout period and can not be transferred until 1 January 2019 (or longer period determined by Vault Contract in its sole discretion).

E) The marketing set consists of 67,500,000 VLT (ie at least 7.5% of Total VLT Token Supply) and will be assigned to Contract Vault for distribution to the Vault Contract Project community (via prizes, airdrops, etc.). Completely effective distribution at the discretion of Vault Token LTD.

"Accurate Information"

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