Confideal is a cryptocurrency and fintech company founded in 2016 by Petr Belousov, and is headquartered in Dublin, Ireland. The company offers a smart contract creation services that allows users to carry out many different kinds of transaction using smart contracts on the Ethereum blockchain. Confideal allows its users to create, sign, and manage smart contracts at their own discretion. Confideal does not have the power to relocate any funds locked in smart contracts or restore any private keys that become lost.
Escrow platform on Ethereum blockchain - White Paper
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How Confideal Arbitration works
July 1, 2018
- EthereumEthereum is an open-source, public, distributed blockchain computing platform featuring smart contract (scripting) functionality, which facilitates online contractual agreements.
- Smart contract (blockchain)A smart contract (self-executing contract, blockchain contract) is an agreement between parties that is enforced by a program encoded onto a blockchain which executes code exactly as originally written.
- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.