[AIDA SERVICE]
Aida service is P2P Service for automatic sales, logistics
and product storage.
What is a smart contract and how does it work in our AIDA service?
The idea of a smart contract back in 1994 to Nick Szabo. He is a lawyer and cryptographer, he understands that it is possible to conclude "Smart Contract" based on a decentralized registry. But then there is no suitable platform, so it can be translated into reality. However, the situation changed in 2008, when the chain block technology emerged.
In turn, the Block Chain is a technology that is talked about all over the world. Information about chain block technology is recorded in the form and distributed to all computers on the network. Each new block contains information about the previous one, which leads to the reliability of the circuit. This ensures that no one will enter information on your behalf and without your knowledge.
That is, simply, smart contracts are computer algorithms designed to conclude and maintain a self-executing contract executed in a block-chain environment.
Because smart contracts operate on a block-chain, they give users confidence in the reliability and confidentiality of transactions where the parties are not participating. It is an action / transaction made under smart, traceable, transparent and irreversible contracts.
However, smart contracts get extensive practical applications with the look and development of Ethereal projects. When the founder of Vitalik Buterin in 2013 came to the conclusion that bitcoin is less suitable as the basic protocol for smart contracting, since it was originally designed for this task. Furthermore, Mr. Buterin decided to make the most suitable protocol for smart contracting.
And our smart token AID contract is compiled based on the ERC20 standard (https://github.com/Aida-Market/AIDA_ICO_SmartContract).
Characteristic of. We are the price specified in USD and not in Ethereal, which is avoided.
This technical feature is made possible by the use of Oracle, a platform featuring setRate every 30 minutes, which then transmits the value from. The token price is set to $ 0.25 each.
In addition to investing in Ethereal, investors will be able to purchase AID tokens for BTC, LTC, BCC and USD (from debit cards). The payment process in this currency will occur with the use of an automated platform that calculates the size of incoming transactions in USD equivalents, the number of transactions and after the transaction, generates.
This technical feature is possible with the use of Oracle, a platform featuring setRate every 30 minutes, which then transmits the actual ETTH / USD exchange rate of the top five cryptourrency exchanges as smart contract parameter. The token price is set to $ 0.25 each.
In addition to investing in Ethereal, investors will be able to purchase AID tokens for BTC, LTC, BCC and USD (from debit cards). The payment process in this currency will occur through the use of an automated platform that calculates the size of every incoming transaction in USD equivalent, tracks the number of transaction confirmations and once the transaction is confirmed, generates a mark on the Ethereal address, by the investor in the personal account.
Forken is generated by raising method (buyForInvestor), - to buy crypto-currency signature-BTC, LTC, BCC directly from shipping address. To ensure the release of tokens in real time, the shifted design principles developed by Phenom (https://phenom.team) are used, when the entire release process is allocated simultaneously between the three controller addresses, allowing the production of real-time tokens, even in case of network congestion Ethereal.
AIDA SERVICE ROAD MAP
The ICO process is divided into two stages:
1. Initial token sales to investors (Pre-ICO)
○ Requirements: 30.12.17 09:00:00 UTC + 6-20.01.18 23:59:59 UTC + 6
○ During this stage token sold with a 15% bonus.
2. Primary level of ICO
○ Terms: 21.01.18 00:00:00 UTC + 6-10.02.18 00:00:00 UTC + 6
○ No bonus applied at this stage.
AidaIco is the first intelligent contract to be structured and based on the concept outlined by Vitalik Buterin. Where during crowdsdale, investors are given the opportunity to return the funds invested 1 time:
For ETH investments: all tokens stored at the investor's address are burned and sent back to the investor wallet of AidaIco's smart contract.
- BTC, LTC, BCC investment: the refund process is empowered by Oracle. The amount of the investment is returned to the investor wallet, less the transaction fee.
- Key withdrawal: during the main stage of ICO return only possible until January 30, 2018, inclusive.
Our mission.
1. Development of unique automatic sales platform (service), which will target to complete 90% of existing market.
Our vision.
2. We aim to create the # 1 sales service in the world, which will take into account the main issues of our clients and pay attention to details that will help simplify their work.
It is possible to solve the problems of all process participants: by providing tools that will operate as one organism.
How do we see it? This is an automated service, which connects all participants and provides an opportunity to exchange information quickly and on time. We solve the issue of client order tracking and documentary flow through digitized signatures and clients
Our company decided to use smart contracts, because we believe that contractual relations can be partly or even fully self-government. The cryptography underlying smart contracts, providing a higher level of security than traditional contracts.
Therefore, our goal is to provide better, new, modern and innovative services to AIDA.
AIDA TEAM
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Author: Wong linglong3
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