ChainPact icon
ChainPact icon

ChainPact

ChainPact lets anyone create an agreement on to blockchain, without any intermediaries. Unlike traditional agreements though, ChainPact depends on conditions coded into smart contract for execution of actions and obligations.

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Cost / License

  • Free
  • Open Source

Platforms

  • Online  Must have an EVM wallet app or extension
Gig pact details
Proposal pact details with active voting
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Features

Properties

  1.  Decentralized
  2.  Based on Blockchain
  3.  WEB3
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AlternativeTo Category

Bitcoin & Cryptocurrency

GitHub repository

  •  5 Stars
  •  1 Forks
  •  0 Open Issues
  •   Updated  (Archived)
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ChainPact was added to AlternativeTo by Somnath on and this page was last updated .
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What is ChainPact?

ChainPact lets anyone create an agreement on to blockchain, without any intermediaries. Unlike traditional agreements though, ChainPact depends on conditions coded into smart contract for execution of actions and obligations. The entire pact revolves around fulfilment of conditions on the data about the pact stored in the smart contract. This makes pacts inflexible and direct, as against ambiguous nature of more traditional verbal agreements.

Use Cases

  • Creating a pact with a third party that involves the workflow of a gig work or an employment contract
  • Creating a blockchain-based DAO voting proposal
  • Creating a fund-pooling or fund raising campaign based on blockchain
  • Signing a plain document by multiple people using their web3 wallet