PAID Tech Update: Coming to Fruition
The PAID Network DApp has always been our primary focus, we strongly believe that our powerful decentralized technologies and SMART agreement solutions will be poised to unlock a great deal of value for businesses.
This is why we’ve been hard at work in the background fleshing out the range of features that will be available in the PAID DApp, fine-tuning the user experience, and ironing out any remaining bugs.
Since August, our development team has diligently completed the bulk of the roadmap items set for this quarter and is well on track to deliver a product.
Here, we take a look at some of the main updates integrated since August:
- DApp redesign: The usability and accessibility of the PAID DApp are critical to ensure it not only achieves significant uptake, but also provides a great deal of value to SMART agreement users. With this view in mind, we’ve been busy overhauling the DApp design to make it more intuitive, while removing dependencies (including XDV) that were previously hindering the implementation of crucial interactive elements.
- New SMART Agreements: A variety of SMART Agreement templates are one of the key features made available through the DApp. In the last month, we have dramatically expanded the range of SMART agreement options, these now include CIIA (confidentiality agreements), advisor agreements, mutual NDAs, referral agreements, and simple agreement for future tokens (SAFT) templates. Furthermore, we integrated functionality that allows standard smart agreements to read information from the blockchain.
- Magic Link integration: To help streamline the login process and make entering the DApp more accessible, we integrated Magic Link’s passwordless login feature into the UI flow and new user onboarding flow — further building out its DID capabilities.
- Launchpad and buy PAID options: Links to open the PAID Network launchpad and purchase PAID tokens directly integrated within the DApp.
As always, our goal is to produce a powerful toolkit that businesses can use to streamline their business agreements and optimize the way they interact with the customers, partners, and employees. Through the use of blockchain-powered SMART agreements, we hope to deliver the benefits of blockchain to businesses across every sector and help dramatically improve their efficiency and allow them to innovate.
Looking forward, we are happy with the rate of progress being made behind the scenes on the DApp, and are pleased to announce that the PAID DApp Beta is nearing completion. To keep tabs on our previous updates, and our latest news, see the PAID Network blog.
About PAID
PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.
PAID technology leverages Astar to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly.
PAID streamlines backend legal operations with SMART Agreements, so that projects can focus on making their brand bigger and better.
For any questions for the PAID network, please feel free to reach out to us on:
- Website: PAIDNetwork.com
- Telegram: @PaidNetwork
- Twitter: @PAID_Network
