Confidential ecosystem of barter trading on blockchain with digital legal smart-contract
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The main goal is to create a digital environment to fulfill electronic contracts, where a smart contract will have the same legal force if such a contract was concluded on paper in the presence of a notary with his seal.
Market problems: Market problems:
it takes several days/weeks to legally execute a transaction on a remote basis;
paper documents are subject to destruction and/or falsification;
it takes a lot of time to find a reasonable document in the “paper” register;
there is no confidentiality due to the large number of intermediaries;
the difficulty of exchanging digital assets for real.