Ethereum beware
Blockhain technologies like Ethereum is taking off and this month another smart contracts platform will take to the stage in the form of BitCAD with a crowdsale on May 11.
This blockchain will specialise in business analysis and will be very popular in the accounting and banking sectors. It also features an encrypted smart platform that will challenge the financial markets.
The biometric world
BitCAD will be a major app for business processes in the future and with the its decentralized system it looks to be a worldwide community that can agree on governance on business process.
Like Steemit, there will be a community based consensus, and with smart contracts as well as business processes it looks like it's taking Ethereum that one step forward. They are also looking at faster contract exchange times than Ethereum as well.
There will also be a biometric identification element to BitCAD which looks interesting and futuristic. It does this by looking at facial features without storing any of the photos on the blockchain. This sounds like a real hands on demo to me.
The crowdsale is looking to last for a month and 100 million BCD tokens will be issued (take note @craig-grant - future videos ahead!) 20% of all the tokens will be retained by the developers and marketers which seems like a high pre-mine to me.
BitCAD certainly is worth all Steemians keeping an eye on, so be sure and check out their white paper today
Steem on!