Wednesday, June 25, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

PAID NETWORK MVP

by firstcryptonews
December 29, 2020
in Press Release
Paid Network

While many across the world are winding down for the holiday season, the PAID Network team has been hard at work building our MVP protocol. We are pleased to announce that the first contract is now working, allowing for parties to sign Mutual Non-Disclosure Agreements (MNDA) on PAID Network. In addition to this, we have completed rigorous testing and have been pleased to see that it is working in line with expectations.

This represents an important first step for us as we build the world’s first decentralized SMART Agreements DApp to meet all your business needs from A-Z. Currently operating on the Rinkeby testnet, it allows anyone to create and sign a contract that is saved on the Ethereum network ledger forever. All your signed documents are then saved and available to view by connecting your Ethereum wallet to the protocol. Below is an illustration of how it works.

Image for post

This is the precursor to our full MVP product which will be completed ahead of our public sale in early to mid-January. In addition to MNDAs, the MVP will then be operational with a range of traditional agreement templates such as:

  • Partnership
  • Over-the-counter (OTC) deal
  • Advisor agreement
  • Freelancer/independent contractor agreement
  • Consulting agreement
  • Referral agreement
  • SAFT

In addition to expanding to include these contracts, we are also working to refine and polish the user experience. We will then move from testnet to mainnet.

PAID Network is building a DApp from the ground-up for the borderless decentralized world. The infrastructure we are creating will support a wide range of use cases, from traditional requirements such as business agreements and dispute resolution, to applications tailored for crypto users like OTC and SAFT contracts. Regardless of the specific nature of the agreement or dispute, PAID Network will bring about a revolution in how business can be enacted between two parties that do not trust each other.

Our MVP represents the first block upon which the rest of PAID Network’s functionality will follow, including SMART Agreements, insurance pooling, escrow, arbitration, reputation scoring, and community governed crowdfunding. We look forward to being able to share more with you in the coming weeks and months!

For any questions please feel free to reach out to us on:

Website: https://paidnetwork.com/
Telegram: https://t.me/paidnetwork
Twitter: https://twitter.com/paid_network
Medium: https://medium.com/@Paidnetwork

Related Posts

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

by firstcryptonews
June 25, 2025
0

June 24, 2025 – In a move reflecting the broader shift toward regulatory alignment in the cryptocurrency sector, Anyswap has...

The Schwartz: Where Memes Meet Mission on the XRPL

The Schwartz: Where Memes Meet Mission on the XRPL

by firstcryptonews
June 20, 2025
0

🚀 Our Mission To unite the power of community, culture, and crypto through the Schwartz — a meme-driven movement built...

How a $500 Investment in Alaxio Could Turn into $50,000

How a $500 Investment in Alaxio Could Turn into $50,000

by firstcryptonews
June 15, 2025
0

In the crypto world, massive gains have always come to those who enter early — before the headlines, before the...

Bellarium ($BEL) Ranked Among Best Early-Stage Crypto Investments

Bellarium ($BEL) Ranked Among Best Early-Stage Crypto Investments

by firstcryptonews
June 15, 2025
0

As the cryptocurrency market continues to mature, discerning investors are increasingly focused on identifying promising early-stage projects with strong fundamentals...

Globalisation and Localisation: The Strategic Ecosystem Partnerships of ZHGUI Exchange

Globalisation and Localisation: The Strategic Ecosystem Partnerships of ZHGUI Exchange

by firstcryptonews
June 13, 2025
0

ZHGUI Exchange has announced a series of regional partnership initiatives alongside a structural upgrade of its global business network, reinforcing...

Blockchain Research and Innovation: ZHGUI Exchange as a Catalyst for Industry Transformation

Blockchain Research and Innovation: ZHGUI Exchange as a Catalyst for Industry Transformation

by firstcryptonews
June 13, 2025
0

ZHGUI recently unveiled its latest research advancements, formally designating multi-chain interoperability and zero-knowledge proofs as core strategic technologies. Alongside this,...

Next Post
This publicly listed company just bought $2 million worth of Bitcoin for its treasury

This publicly listed company just bought $2 million worth of Bitcoin for its treasury

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

The Great Wave off Kanagawa Licensed NFTs To Release  In 3D and Augmented Reality on ElmonX

The Great Wave off Kanagawa Licensed NFTs To Release In 3D and Augmented Reality on ElmonX

2 years ago
The next $MOTHER? $PEPE? $WIF or even $SLERF? Introducing, GORB: The Meme Coin Set to Dominate Ethereum Summer 2024

The next $MOTHER? $PEPE? $WIF or even $SLERF? Introducing, GORB: The Meme Coin Set to Dominate Ethereum Summer 2024

1 year ago
Nasdaq Joins Hands With CryptoCompare to Provide Institutional Data for Crypto Prices

Nasdaq Joins Hands With CryptoCompare to Provide Institutional Data for Crypto Prices

6 years ago
From Meme to Reality – Crypto Project Pioneers Innovative Real-Life Dog Rescue And Community Ownership

From Meme to Reality – Crypto Project Pioneers Innovative Real-Life Dog Rescue And Community Ownership

6 months ago
Memenopoly

Memenopoly Announces Strategic Partnership With Babylons NFT

4 years ago
Cute Teddy Bear NFT Helps Children

Cute Teddy Bear NFT Helps Children

4 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

June 25, 2025

Press Release

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

June 25, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News