Tuyanto: OATH Protocol

Traditional decision-makers are being replaced by smart contracts. Code, however, is limited by itself and cannot execute when the parties involved face a conflict. Oath Protocol gives back power to general users who become jurors and then decide what should be done. In fact, any regular user can participate and give his/her opinion while our categorized random algorithm & built-in credit level system prevent collusion and increase accuracy of the verdict. Being a layer two chain-agnostic solution, Oath Protocol connects to public chains or dApps. The current partner network includes world-class chains such as NEM, Qtum, HPB, MOAC and many more. In addition, Oath Protocol can be implemented to replace centralized customer services on traditional internet platforms in e-commerce, rentals or data analysis.

About OATH Protocol

OATH is a blockchain-based alternative dispute resolution protocol. It is an infrastructure layer between chains and dApps. By using a decentralized juror community with a complete new consensus mechanism, Proof of Common sense, OATH provides a robust, fair, transparent, and extensible dispute resolution protocol. OATH serves as a blockchain governance system that provides an effective warranty for smart contracts. If one side is dissatisfied with an outcome, resulting in a dispute, there will be a decentralized third party with no conflict of interest to resolve the dispute.

The availability of a dispute resolution mechanism improves the reliability of smart contracts and provides a dependable protection mechanism for blockchain users. OATH acts as an insurance protocol for dApp users, protecting them from undesirable counterparty behavior. Once the OATH protocol is initiated, OATH jury community will vote on the verdict to resolve the dispute.

OATH protocol will greatly improve users’ credibility and ensure that all contracts are guaranteed by an objective system and that, in case of a dispute, the parties have an unbiased, objective jury handling it. OATH can also provide verification of real-world information, which is presently a big issue for blockchain. As a standard protocol, any dApp that utilizes OATH may request any kind of real-world information from our jury community, our jurors will provide information, and the rest of the jury community will vote to verify the information’s authenticity and accuracy.

Announcements

17:25 18 Oct
In the rapidly developing public chain and dApp landscape, decentralized governance and dispute resolution has emerged as the key missing piece to protecting users’ rights and assets and driving user ... Read more

14:37 11 Oct
Excited to announce that Oath just formed a partnership with PopulStay. PopulStay is a Home Sharing Community using Blockchain Technology. Oath will provide governance and dispute resolution for guest ... Read more

05:31 30 Sep
You may be wondering, who is behind our project?

Meet the Oath founding team, each of whom performs an essential role as the project’s engine and is committed to helping Oath fulfill its goals.

Team