nikoways uses blockchain to digitally sign contracts and store encrypted contracts to make them more secure than existing solution! nikoways uses Ethereum Blockchain based smart contracts that allow users to rapidly negotiate and create contracts.
Smart Contracts are at the heart of nikoways and they provide these benefits to the users:
- Eliminates dependence on intermediaries. There is no need to seek help of a lawyer for each contract, making the process faster and simpler.
- Guarantees safety and confidentiality as all the hash of all the contracts is stored in blockchain. No one can temper with the contract once this is done.