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Description

PAID Network is a decentralized application ecosystem that utilizes blockchain technology to enhance efficiency in business through decentralized finance (DeFi) powered smart agreements. Users have the ability to create customized policies to guarantee they Get PAID, utilizing standardized contracts that include autofill smart features. Additionally, the platform incorporates insurance pooling and community-staker governed escrow dispute resolution, enabling users to conduct business with trustworthy individuals. It also offers a marketplace for both private and public auctions, further expanding its utility and reach in the business landscape. This innovative approach not only streamlines operations but also fosters a more secure and reliable environment for all participants.

Description

Truebit serves as an enhancement to blockchain technology, allowing smart contracts to execute intricate computations in conventional programming languages while minimizing gas expenses. Although smart contracts excel at handling minor computations with accuracy, they face significant security vulnerabilities when tasked with larger computations. To address this issue, Truebit introduces a trustless oracle that retrofits existing systems, ensuring the accurate execution of complex tasks. Smart contracts can submit their computation requests to this oracle in the format of WebAssembly bytecode, and in return, anonymous miners earn rewards for providing correct solutions. The protocol of the oracle upholds accuracy through two distinct layers: a unanimous consensus layer that permits anyone to challenge incorrect answers and an on-chain system that motivates engagement and guarantees equitable compensation for participants. The realization of these elements is achieved through an innovative blend of off-chain infrastructure and on-chain smart contracts, thereby enhancing the overall functionality and security of blockchain networks. This dual approach not only improves computational reliability but also fosters a more robust ecosystem for decentralized applications.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Ethereum Yes 
Apollo-X Launchpad Yes 
BNB Smart Chain (BSC) Yes 

Integrations

Ethereum Yes 
Apollo-X Launchpad No 
BNB Smart Chain (BSC) No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

PAID Network

Website

paidnetwork.com

Vendor Details

Company Name

Truebit

Founded

2017

Website

truebit.io

Product Features

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