Etherparty

Etherparty is a smart contract creation wizard that makes it easy to create smart contracts for any blockchain. Here’s our Etherparty review.

What Is Etherparty?

Etherparty is a contract wizard found online at Etherparty.io. the wizard aims to remove the complexity of creating, managing, and executing smart contracts on any blockchain.

Obviously, smart contracts have vastly improved the usability of blockchain technology. They’re one of the most important innovations included with Ethereum. However, creating a smart contract requires coding knowledge – something not everybody has. Etherparty plans to solve this problem by allowing users with zero knowledge of smart contract programming to create an enforceable, self-executing digital agreement for all types of transactions.

The platform comes with a template library, a drag and drop contract builder, and other helpful features. Today, Etherparty has a working alpha version in place. The company also has separate platforms for general use as well as enterprise use.

Etherparty’s ICO is taking place throughout September and October.

Uses For Etherparty

Some of the uses for Etherparty, as outlined on the official website, include all of the following:

  • Peer to peer escrow contracts
  • Sports wagering
  • Token creation
  • Supply chain management
  • Real estate agreements
  • Contractor agreements

Obviously, smart contracts can be applied across a range of industries for a range of purposes. There’s no real limit to what you can do with smart contract technology.

Etherparty Features

Overall, the goal of Etherparty is to allow users with zero knowledge of smart contract programming to create an enforceable, self-executing digital agreement for all types of transactions. Some of the key features include:

Template Library:

Users can create their own custom contract templates with a guided contract wizard. While moving through the wizard, the user can choose from a variety of data sources, data oracles, and contract clauses.

Continuous Security Testing:

Etherparty security tests all smart contracts before they’re available in the template library. They also source security experts who fully audit Solidity code your custom contracts – which means there are no surprises after the contracts are launched on the network.

Drag And Drop Contract Builder:

A sophisticated user interface uses drag and drop from a side panel toolbar to a contract work-space, allowing users to visually construct custom contracts.

Fully Managed:

Etherparty walks you through the entire smart contract creation process, including security testing, launching them on the blockchain, managing transaction fees, and giving users monitoring tools throughout the entire process.

All of these features are currently working in Etherparty’s alpha platform.

Etherparty For Enterprise

Etherparty isn’t just designed for individual users and small organizations. It’s also built for enterprise use. Some of the Etherparty features for enterprise users include:

Integrate Any Workflow:

Any existing enterprise application can be integrated into the Etherparty smart contract workflow platform with ease using the Etherparty Platform REST API.

Advanced User Interface:

The Etherparty enterprise solution allows customers to create and manage teams of users, then allow team members to create smart contract templates to deploy on the blockchain.

On-Premise Or Cloud-Based:

Etherparty’s enterprise solution is available on premise or on the cloud. No matter which option you choose, you get all of the functionality of the company’s standard platform, plus additional features for enterprise customers.

The Etherparty ICO

The Etherparty pre-sale is scheduled to end on September 15, 2017. The ICO is scheduled to begin that same day, on September 15 at 10 PDT.

The Etherparty ecosystem is powered by a digital currency called FUEL. FUEL is an ERC-20 token based on Ethereum.

There will be a total supply of 1 billion FUEL tokens. 40% of the tokens are available during the pre-sale, a further 40% are available during the ICO, and 10% each is received for the Etherparty team and for incentivization.

During the first week of the ICO, tokens will be priced at 1 ETH = 3000 FUEL.

Who’s Behind Etherparty?

Etherparty is led by CEO and Co-Founder Kevin Hobbs, Founder Lisa Cheng, Chief Architect Brian Onn, and Solidity & Full Stack Developer Jeffery Walsh.

The company is based in Vancouver, British Columbia, Canada.

Etherparty Conclusion

Etherparty is a blockchain technology company that aims to enhance the usability of smart contracts. Etherparty has created a smart contract wizard (currently available in working alpha) that lets you drag and drop smart contract terms into a template, then easily launch that template onto the blockchain.

The company’s products are suited for individual use as well as enterprise use (there are two different platforms, one for normal users and one for enterprise use).

The Etherparty ICO is taking place throughout September and October. You can learn more about the company today at Etherparty.io.

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