Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [INT] IntelliCoin | 2 WEEKS POW! | IntelliApp | InSign
by
sherbyspark
on 22/08/2014, 12:20:09 UTC
curious what InSign would look like.  Roll Eyes

InSign, will be more of a website for contract signing, where the signature will be a transaction on the block chain. Just like a contract involves multiple parties, the contract sender will be able to upload the contract, which will then be emailed to the signer, who will review the contract and send a unique INT amount to a unique address instructed in the email. This transaction will indicate that the contract has been signed.

still not understand at all.  a platform like counterparty coin?

maybe we have to wait and see.

Here is the front end part of Insign(currently unoperational) : http://intellicoin.me/pod.html
So basically, the sender will be filling in the details and uploading the contract. Now a unique address and an amount will be generated and sent to the signer.
After the signer sends that amount to the address, the contract will be considered signed.

i see.  thanks a lot.

but what is the usage of this application in real world.

I think this feature is a very useful for people who want to send contracts to employees/business partners in different parts of the world. I signed up for a similar service last year, but they had a huge fees to manage online contracts. Using blockchain to store the signature is an innovative way of using cyptocurrency for that purpose.