Blockchain escrow app Confideal announces launch of smart contract constructor

Confideal, a new Ireland based multifunctional escrow platform powered by the Ethereum blockchain has officially announced the launch of their smart contract constructor that simplifies the contract creation process, making the platform accessible to the commercial market. Also recently, the team conducted a strong pre-ICO campaign raising a sum of $650,000 USD and now moving full speed ahead.

The smart contract constructor application allows users to explicitly set the terms of a transaction, thus acting as an impartial escrow agent. The Confideal platform provides users with pre-written smart contracts removing the need for any form of programming skills.

In the case of a dispute, should the opposing parties be unable to come to a resolution, they can advise a qualified arbitrator within the platform who will anonymously judge and resolve the dispute. The platform aims to solve the problems that arise during the execution of international transactions by working on a trustless basis.