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What is milestoneBased?

MilestoneBased enables companies to create a financial strategy that focuses on specific milestones while also supporting the structured funding of these projects. By leveraging smart contracts, MilestoneBased carries out milestone plans that eliminate human intervention, ensuring that funds are released strictly according to the terms agreed upon, which fosters a transparent and verifiable process. The platform effectively links investors, entrepreneurs, and advisors, cultivating a collaborative commitment to well-defined milestones. Each milestone is meticulously documented with its timeline, budget, and requirements on smart contracts, making tampering impossible. The core business activities are managed on the blockchain through these smart contracts, rendering changes to previous records nearly impossible, with funds distributed in exact accordance with predetermined algorithms. This progressive method not only builds trust among all parties involved but also enhances accountability and efficiency in financial planning, ultimately leading to more successful outcomes for the initiatives. The integration of innovative technology and systematic planning positions MilestoneBased as a leader in the financial strategy landscape.

What is Truebit?

Truebit acts as an enhancement to blockchain technology, enabling smart contracts to carry out complex computations using traditional programming languages while reducing gas fees. While smart contracts are adept at managing small computations with precision, they encounter considerable security risks when dealing with larger tasks. To tackle this challenge, Truebit implements a trustless oracle that upgrades existing frameworks, ensuring that complex operations are performed accurately. Smart contracts can submit computation requests to this oracle as WebAssembly bytecode, and in exchange, anonymous miners receive rewards for supplying correct solutions. The oracle's protocol guarantees accuracy through two distinct layers: a unanimous consensus layer that allows anyone to dispute incorrect results and an on-chain mechanism that encourages participation and ensures fair compensation for contributors. This implementation is achieved through a creative combination of off-chain infrastructure and on-chain smart contracts, thereby boosting the overall efficiency and security of blockchain systems. By improving computational reliability, this dual strategy also cultivates a stronger ecosystem for decentralized applications, paving the way for more advanced use cases in the future.

Media

Media

Integrations Supported

Ethereum

Integrations Supported

Ethereum

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
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

Applicature

Company Location

United States

Company Website

applicature.com/solutions/milestonebased/

Company Facts

Organization Name

Truebit

Date Founded

2017

Company Website

truebit.io

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