Areas of Relictum Pro contracts’ application.

♻️ A smartcontract is an automatically executed process that provides for all possible scenarios and there is no possibility of making changes. A prerequisite for the existence of a smart contract is the presence of an execution environment.
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💠 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 is an endless distributed registry with a developed system of smart contracts, describing (formalizing) any event in human life, ranging from buying and selling goods and services, recording logistic events, to tracking copyright and interacting with legal entities, including a number of self-executing transactions (smart contracts) in any field of activity.
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⚡️ We have our own laboratory for all smart contracts.
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⠀⠀𝗔𝗿𝗲𝗮𝘀 𝗼𝗳 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝘀𝗺𝗮𝗿𝘁 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀’ 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻:
♟ 𝗕𝗮𝗻𝗸𝘀
♟ 𝗦𝘁𝗮𝘁𝗲: State Register, Register of properties, Taxation bodies organisation, Universal Postal Union, Road traffic police, State services, Chamber of Commerce, Customs Service, Ministry of Education, Sectoral enterprises, Pharmacies, etc.
♟ 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀: Shops, Services, Wholesale, Commodity exchange, Construction companies, Realtors, Microfinancing, Enterprises, Gaming business.
♟ 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗽𝗲𝗿𝘀𝗼𝗻𝘀: Receipt of goods, Receipt of services, Data storage, Copyright Sale of products of its own production, Earnings on transactions.
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🔅 Let’s consider several smart contracts’ applications:
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⚙️ 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀. Almost all types of existing relationships in the exchange of goods can be implemented in the form of contracts. The attractiveness of smart contracts is the possibility of determining and fixing unchanged the terms of the transaction of participants who do not trust each other. It is quite possible to consider formalized business processes of enterprises as a prototype of a smart contract from life. Once described, they begin their independent functioning according to a given algorithm.
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🏦 𝗕𝗮𝗻𝗸𝘀. Smart contracts can replace the need for time-consuming and complex legal documentation — just new bank customers will adhere to KYC processes. Client information can be easily verified against records stored on the blockchain. This, in turn, can satisfy the conditions that allow unlocking additional services based on smart contracts.
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🔒 𝗣𝗿𝗶𝘃𝗮𝘁𝗲. Smart contracts can be used to automate licensing and as a form of digital rights management, but this can cause criticism both in terms of the theory of “effective violation” and in connection with the difficulties that this technology experiences when dealing with exceptions or copyright protection.

𝗦𝘁𝗲𝗽 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲, 𝗕𝗲𝗰𝗼𝗺𝗲 𝗣𝗮𝗿𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆!