Re: [ANN][ICO IS LIVE] BETEX P2P Binary Options — $1MIL+ already raised
I'm not interested in binary option usually, but I think that this project has some very interesting points. for example the idea of an totally impartial platform would be very fair and transparent. how can you ensure your users about your absolute impartiality?
1. The platform is decentralized, so the smart contract will be implemented in the blockchain an is obviously immutable.
2. You can always see the smart contract source code and measure the transactions made to and by it.
3. The contract makes its decisions on fully disclosed information (i.e. exchange rates), so if it would perform incorrectly, this information would have become public by scammed users in a matter of hours
I think that point 3 can answer my question. I don't know if impartiality can fully solve the problems in binary option ecosystem, but yours remains an interesting proposal.