ICO 2.0 Platform and Blockchain Protocol
W12 is a protocol based on the proof of authority consensus for the creation and execution of digital contracts. W12 allows users to create contracts with any logic necessary for their execution without programming skills. The decentralized oracle network transmits verified information from the external world to the blockchain and confirms the execution of the scenarios programmed in digital contracts.
W12 is building a decentralized blockchain infrastructure where trust between parties is not necessary, and any controversial issues can be resolved quickly, transparently and at low cost. Using a blockchain based on the proof of authority consensus allows this system to execute smart contracts faster and cheaper.
The W12 solution allows us to reconsider the role of the state as an arbiter in relations between parties and to relieve part of this burden from state institutions, shifting it to smart contracts and self-regulated decentralized organizations.