Encrypted Smart Platform BitCAD presents its roadmap

Februari 25, 2018

Encrypted Smart Platform BitCAD presents its roadmap

These are great days we`re living! Just look! There are so many hi-tech things from futuristic films and books comes true. The 4th industrial revolution which becomes more and more explicitly emerging reality. Deep integration of cyber and physical systems makes manufacturing processes automated and, consequently, cheaper. Gradually, automation increasingly embraces all business processes. A case in point is BitCAD — the unified operating system for designing, analyzing and managing your business based on blockchain technology and using a decentralized network of international community.

We are eager to present you that roadmap, which shows our future development goals for upcoming year.

Here you can see two main phases: the Testnet to be used for testing the system and the Mainnet coming August 2017 to make BitCAD fully operational.

Biometric Authentication and Constructor of Smart Contracts are coming first in May 2017.
Smart Contract Constructor supports the management of the complete lifecycle of “smart” legal contracts. This includes the creation of legal document templates by standards bodies and the subsequent use of those templates in the negotiation and agreement of contracts by counterparties. They also facilitate automated execution of the contract and, in the event of a dispute, provide a direct link to the relevant legal documentation.

Smart contract starts its work since the moment it was verified. The process of verification implies the existence of a private and public key. A distinctive feature of BitCAD is that we make possible to use unique biometric parameters: your face, vein patterns, etc. as a private key. The great advantage of the method is that your biometric information in its digitized encrypted version is one-of-a-kind itself and it`s always kept with you at all times. As the system requires private key only, it gives you an opportunity to log in the system from any device. The user decides himself what kind of information will be allowed into the open source.

Another key component — the Dispute Resolution Department start working in a full power in August 2017

The dispute resolution department is a three-stage automated process area consisting of electronic and story based arbitration, or independent and impartial hired person with competence to resolve problems and complaints regarding the decisions, actions or omissions of BitCAD and the organization’s management, as well as unfair treatment of the participant Communities from employees, board or representatives.

To make BitCAD truly effective self- governed system we are about to gather international community represented by people from different spheres and live out the Multistakeholder Model.

At the heart of BitCAD policy-making is what is called a “multistakeholder model”. This decentralized governance model places individuals, industry, non-commercial interests and government on an equal level. Unlike more traditional, top-down governance models, where governments make policy decisions, the multistakeholder approach used by BitCAD allows for community-based consensus-driven policy-making. The main idea is that governance should be the structure — borderless and open to all.

Worldwide BitCAD community is the main self-educating force movement, where each participant can take a direct part in the development and promotion of the platform. Worldwide BitCAD community is the main self-educating force movement, where each participant can take a direct part in the development and promotion of the platform.

September 2017 will be marked by Decentralized Trade Engine Tectumlaunch which is a core solution for super fast implementation in every kind of system or business. Tectum involves deep API integration with governments, banking systems, insurance, trade platforms, CRM-systems, and taxation creating a basis for a quantum leap in managing business processes.

October 1917 is known as RED October
October 2017 is the time for RED BitCAD
The Platform becomes fully decentralized and anonymous
BitCAD will provide an opportunity for everybody to create and develop his business according to “respect points”. From the moment of registration, every user has his own history, which shapes his business reputation.

In The 1st and 2nd quarter of 2018 we will witness the implementation of SMART ORACLES and the Next Blockchain Technology
Smart oracles provide a simple, flexible way to implement «smart contracts», which encode business logic, laws, and other agreed-upon rules. Smart oracles build on the idea of oracles, or entities that provide smart contracts with information about the state of the outside world and combine information gathering with contract code execution. In such a system, rules can be written in any programming language and contracts can interact with any service that accepts cryptographically signed commands. This includes, but is not limited to, cryptocurrency networks.

Technologies have to be constantly reinvented. New solutions need to be thoroughly tested. The Next Blockchain Technology is an experimental way to simulate business logic in the virtual environment (sandbox) based on fractal computing and quantum cryptography.