TIC is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
The TIC Wallet is a gateway to decentralized applications on the TIC blockchain.
It allows you to hold and secure TIC and other crypto-assets built on TIC
as well as write, deploy and use smart contracts.
Create a tradeable digital token that can be used as a currency,
a representation of an asset, a virtual share, a proof of membership
or anything at all. These tokens use a standard coin API so your
contract will be automatically compatible with any wallet, other
contract or exchange also using this standard.
The total amount of tokens in circulation can be set to a simple
fixed amount or fluctuate based on any programmed ruleset.
Now that you have developed your idea and secured funds, what’s next? You have to hire managers, find a trustworthy CFO to handle the accounts, run board meetings and do a bunch of paperwork.
Or you can simply leave all that to an TIC contract. It will collect proposals from your backers and submit them through a completely transparent voting process.
One of the many advantages of having a robot run your organization is that it is immune to any outside influence as it’s guaranteed to execute only
what it was programmed to. And because the TIC network is decentralized, you'll be able to provide services with a 100% uptime guarantee.