Kirik - Smart Contracts of the New Generation

kirik-ico-review-cover.png
Smart contracts have already gained great popularity and have become widely used in the ICO conducting. However, their widespread diffusion is hampered by the difficulties experienced by users in working with smart contracts and their using. Now most of the smart contracts are created on the Ethereum network. But the Ethereum network itself does not stand the loads that arise when these contracts move. A clear example of this was demonstrated by the Cryptokitties game, when due to the game and the movement of kitties, the Ethereum network stopped for several weeks and users experienced difficulties. Now the Ethereum network is used mainly to create smart contracts for ICO tokens and any large ICO has a negative impact on the network. Also, the work of ICO projects often adversely affects the Ethereum course. The fact is that many ICOs do not trust cryptocurrency and the collected funds in cryptocurrency are changed to fiat money. The sale of Ethereum by any major ICO is capable of bringing down the Ethereum course, especially if the sale is massive and all ICOs at once sell the collected cryptocurrency.

The widespread proliferation of smart contracts is also hampered by the fact that you need special knowledge to create a smart contract. Only an expert can create a smart contract, but he can make a mistake or specifically create a smart contract with a vulnerability in order to steal money from the ICO later. Therefore, ICO always hires an independent audit to prove that their tokens are safe and investors are not threatened. Sometimes ICO hire a few independent auditors. Thus, to create a smart contract, the user must pay the programmer, and then order an independent audit, that is, pay twice or thrice. But even this does not guarantee complete security. Regularly hackers find vulnerabilities in the ICO smart contracts and steal tokens from investors.

That is why smart contracts are currently used only in a very narrow industry, usually to create ICO tokens. In other areas, their use is extremely limited, as it is very risky.

The Kirik ICO decided to change this situation and make smart contracts available to everyone and widely used.

First of all, the developers of Kirik offer to get away from the Ethereum blockchain, since the blockchain of this cryptocurrency has a lot of problems. Now, the creators of smart contracts will choose which blockchain is better used to create smart contracts. Smart contracts will be adapted for any blockchain.

The second step is to make smart contracts safe and affordable for all. For this, with the participation of self-learning artificial intelligence, templates of smart contracts are created.

Smart contracts are based on mathematical formulas and calculations. It is much easier to make a smart contract for an artificial intelligence than for a person. An artificial intelligence will not deliberately make mistakes to create a vulnerability, just as it will not make mistakes by inattention. It remains for a person to enter certain parameters into a smart contract based on specially designed templates. This does not require certain professional programming skills, you just need to fill out the submitted forms. Thus, smart contracts can be made by lawyers and notaries and accountants, without having education in the field of programming.

Also such smart contracts can be made and widely used by civil servants in all branches of the economy and industrial economy. Smart contracts can be widely applied in the financial and banking sector. The scope of their application is very broad.

The project developers are Russian academicians, professors with a great experience of scientific and practical work in the field of mathematics and exact sciences.

It is not surprisingly, that having such a team, the project has already reached the Hard Cap on the presale stage and collected 1 million dollars for development. Presale will last from August 15 to 17.

~ WEBSITE ~ TELEGRAM ~ BOUNTY THREAD
~ WHITEPAPER ~ TWITTER ~ FACEBOOK ~ GITHUB

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center