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What is ChainPact?

ChainPact is a decentralized application designed for payroll and peer-to-peer contracts, offering two distinct types of agreements: Gig pact and Proposal pact. The Gig Pact facilitates the creation of employment or freelance contracts on the Blockchain, functioning as a time-sensitive agreement where the employer disburses payments at predetermined intervals, effectively serving as an "escrow smart contract." On the other hand, the Proposal pact enables users to launch fundraising initiatives similar to Kickstarter, allowing the contract creator to establish a timeline for voting and determine the duration for which contributors can decide whether to release the funds to the creator or return them to the backers. This dual functionality of ChainPact not only streamlines contract management but also enhances transparency and trust among all parties involved.

What is BNB Smart Chain (BSC)?

The BNB Smart Chain (BSC), launched by Binance, is a blockchain designed to support decentralized applications (dApps) and smart contracts. Operating in conjunction with Binance Chain, it combines high-speed transaction capabilities with the flexibility of smart contracts that are compatible with Ethereum. By employing a Proof-of-Staked-Authority (PoSA) consensus mechanism, BSC enhances both scalability and efficiency while keeping transaction costs low. Its alignment with the Ethereum Virtual Machine (EVM) simplifies the process for developers looking to migrate dApps and projects from the Ethereum network. Consequently, BSC has seen considerable growth in the decentralized finance (DeFi), gaming, and NFT sectors, offering users a fast, affordable, and secure platform for blockchain innovations. Additionally, the expanding community and ecosystem not only draw in cutting-edge projects but also foster greater user participation and interaction. This ongoing evolution signifies BSC's pivotal role in shaping the future of decentralized technologies.

Media

Media

Integrations Supported

Ethereum
BakerySwap
BiFi
Binance NFT
Cub Finance
Cypherock X1
Deri
GMGN.AI
Hummingbot
Krystal
MANTRA
Matcha
MelegaSwap
Nimbus
Orbit Bridge
Orion Protocol
Qubit
Squirrel Finance
deBridge
vfat.tools

Integrations Supported

Ethereum
BakerySwap
BiFi
Binance NFT
Cub Finance
Cypherock X1
Deri
GMGN.AI
Hummingbot
Krystal
MANTRA
Matcha
MelegaSwap
Nimbus
Orbit Bridge
Orion Protocol
Qubit
Squirrel Finance
deBridge
vfat.tools

API Availability

Has API

API Availability

Has API

Pricing Information

$0
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

ChainPact

Date Founded

2022

Company Location

India

Company Website

chainpact.xyz

Company Facts

Organization Name

BNB Chain (Binance)

Date Founded

2019

Company Website

www.bnbchain.org/en/bnb-smart-chain

Categories and Features

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Meter Reviews & Ratings

Meter

Decentralized Finance Labs

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