Blockchain Startup BitCAD Launches a Crowdsale Campaign

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BitCAD, a cryptographic smart platform, has announced a crowdfunding campaign to back the development and production of a wide variety of hardware and software solutions based on Blockchain technology. The products seek to revolutionize the very core of business relationships and make them easier while enhancing security and reliability of the entire paradigm. Crowdsale will start on May 4, 2017 at 12:00 GMT.

The platform’s software solutions include a comprehensive system focused on managing financial processes like accounting, CRM, asset management, or online banking in a decentralized manner. The BitCAD system enables constructing smart contracts for every occasion and introduces a formal legal language to make operations smooth and seamless. Thanks to Blockchain technology, once terms and conditions are agreed upon, they cannot be changed.

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Another solution offers an electronic arbitration system covering both platform members and third parties seeking dispute settlement. Parties may agree any jurisdiction and assign judges from legal systems they deem applicable while ensuring the contract in question meets the legal requirements of said jurisdiction. This tackles the problem of contract applicability across various countries which causes businesses and individuals to spend a fortune seeking a legal advice.

Finally, the company develops a decentralized system for biometric identification of users that works as fast as its classic counterparts with no involved risks of compromising sensitive data due to vulnerabilities inherent in centralized solutions.

The crowdsale shall last for one month, from May 4th to June 4th of 2017. Out of 100,000,000 tokens supplied overall, 51 per cent will be subject to sale over the course of the campaign, with the remaining funds distributed between the project’s team and early backers (20 per cent), business specialists and academic researchers (27 per cent), while the remaining 2 per cent will be reserved for post-crowdsale bounties.

BitCAD founder and CEO Vladislav Mitrofanov stated:

“Our systems are set to be as accurate and precise as possible. We seek to remove all vulnerabilities and inconveniences of outdated centralized financial and legal solutions. What we offer is a completely new paradigm where people can feel at home in a decentralized environment, and the internet of things works like clockwork.”

Further details as to the fundraising campaign are available at the project’s official blog.

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST
2015), a partner at ICO services collective Token.Agency
($750m+ and 90+ ICOs and STOs), director of education company
Blockchain Partners
(Oracle Partner) and ICO event organiser
at leading industry event CryptoFinancing (Europe's first ICO event now
branded Tokenomicon)
– Vancouver native Richard Kastelein is an award-winning publisher,
innovation executive and entrepreneur. He sits on the advisory boards
of some two dozen Blockchain startups and has written over 1500
articles on Blockchain technology and startups at Blockchain News and
has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.  Irish Tech News put him in the top
10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of
Blockchain
at China's first Blockchain University in Nanchang
at the Jiangxi Ahead Institute of Software and Technology. In 2018 he
was invited to and attended University of Oxford's Saïd Business School
for Business Automation 4.0 programme. Chevalier (Knight) - Ordre des
Arts et des Technologies at Crypto Chain University and an Advisory
Board Member of International Decentralized Association Of
Cryptocurrency And Blockchain (IDABC) as well as Advisory Board Member
at U.S. Blockchain Association. Over a half a decade experience judging
and rewarding some 1000+ innovation projects as an EU expert for the
European Commission's SME Instrument programme as a startup assessor
and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain
technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels,
Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki,
London (5x), Manchester, Minsk, Nairobi, Nanchang, San Mateo, San
Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel
Aviv,  Utrecht, Venice,  Visakhapatnam, Zwolle and
Zurich.  His network is global and extensive.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has
ranged from the Canadian Native Press (Arctic) to the Caribbean
& Europe. He's written occasionally for Harvard Business
Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work
and ideas have been translated into Dutch, Greek, Polish, German and
French. A journalist by trade, an entrepreneur and adventurer at heart,
Kastelein's professional career has ranged from political publishing to
TV technology, boatbuilding to judging startups, skippering yachts to
marketing and more as he's travelled for nearly 30 years as a Canadian
expatriate living around the world. In his 20s, he sailed around the
world on small yachts and wrote a series of travel articles called,
"The Hitchhiker's Guide to the Seas' travelling by hitching rides on
yachts (1989) in major travel and yachting publications. He currently
lives in Groningen, Netherlands where he's raising three teenage
daughters with his wife and sailing partner, Wieke Beenen.

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