This platform is allowing users and business to create and participate on smart contracts that are shaped in many types of financial instruments and other creative ways. It uses XRP ledger for secure and fast execution and settlement, it offers templates for various use cases. A contract rating system and stats adds transparency, making it a reliable solution for businesses and individuals looking for take part.
Developed on the XRP Ledger, the platform aims to enhance its services, cater to its international clientele, and enable individuals to participate in innovative cross-border business models that seamlessly merge advanced software with traditional business practices. The target market consists of individuals and small groups looking to establish cross-border agreements for personal or small-scale business purposes.
Viholder Code provides secure, transparent, and efficient solutions for creating and managing international agreements, offering user-friendly contract creation software and secure storage and management of contracts using DLT technology.
Our proof of concept is the first Tequila Tokenization or DLT registration of Futures Contract, a validated and functional tequila contract venture that modernizes and streamlines payments and private contracts in the tequila industry. This innovation leverages software, international banking laws, and corporate vehicles to improve efficiency. This private contract allows participants to benefit from future price movements of the underlying asset while influencing its quality and price. Trusted by industry leaders, US lawyers, distilleries, clients, suppliers, agave farmers, celebrities, and family members, this innovative model fosters financial inclusion by enabling small participants to access opportunities typically reserved for larger players. The model also incorporates features for eCommerce and payment platforms, such as the Sayuwallet ecosystem, as well as data visualization tools for businesses and participants through the Viholder platform. It bridges the inclusion of real-world assets on DLT and the creation of legal and fiscal proof of date contracts and proof of the existence of the assets, with the first deployment in Mexico. Additionally, the platform promotes sustainability and social impact, leveraging the XRPL for projects that benefit society and the environment.
-Create
-Administrate
-Participate
-Participants Management
-Agrement Management
-Contract Funds Management
Portfolio
-Current poistions and balances
-Tranfers
-Sales
-Orders
Monitor
-Followers
-Expiring dates
-Funding deadlines
-Participants
-Alarms
Market
-Buy Sale units
-Orders
Contracts can come in a variety of types and behaviors, each designed to suit different investment goals and risk appetites. Here are some common types of contracts that users may encounter:
Futures: Futures contracts allow investors to buy or sell a specific asset at a predetermined price and date in the future. They are often used by traders looking to hedge against price fluctuations or speculate on the future value of an asset.
Options: Options contracts give investors the right, but not the obligation, to buy or sell an asset at a specific price and date in the future. They are often used as a form of insurance or to generate income through selling options contracts.
Tokens: Token contracts are a type of smart contract that can represent a variety of assets, such as digital tokens or shares of a company. They are often used in initial coin offerings (ICOs) or other forms of fundraising, and can be designed to distribute rewards or voting rights to token holders.
Crowdfunding: Crowdfunding contracts allow multiple investors to contribute funds towards a specific project or venture. They are often used to raise money for startups or social causes, and can provide investors with a share of the profits or rewards associated with the project.
Once the XRP network is selected the systems create a XRP wallet where the funds will be deposited.
As the owner of a contract, you will have access to a range of tools and features that allow you to administer and monitor its performance over time.
These tools can provide valuable insights.
One of the key features is the ability for users to monitor their contract positions and balances in real-time. This allows participants to stay up-to-date on the performance of their investments and make informed decisions about when to buy or sell their contracts.
Typically, this information is displayed in a dedicated "Portfolio" section of the contract platform. Here, users can view their current positions, including the types of contracts they are invested in, the amount of XRP locked in escrow, and the current value of their investments.
In addition to contract positions, the portfolio section may also display important details about each contract, such as the expiration date, the strike price, and any associated fees or charges.
For users, their XRP wallet may be used to fund their contract positions, withdraw payouts, or transfer funds to other users or external wallets. They may also be able to deposit additional XRP into their wallet at any time, depending on the terms and conditions of their account.
Currently, the platform is experiencing the growth of an organic ecosystem. Many projects that have created contracts through the platform continue to use the XRP technology and the platform itself. This is a testament to the robustness and reliability of the platform, as well as the benefits that it provides to users.
The use of XRP technology and the platform also provides users with several benefits, including fast and secure transactions, low fees, and the ability to easily exchange different types of assets.
Some of the projects that have already successfully used the platform are:
-Tequila Don Rich
-Metales Barajas
-Simplicapital
-Sayuwallet
The platform has been developed using a combination of programming languages and frameworks to create a robust and user-friendly experience. Some of the key tools and technologies used in the platform include.
PHP Version 8
MySql
Python3
xrpl-py library
mysql.connector library
jQuery
bootstrap
Adminlte
Codeigniter 4
node js
express js
xrpl.js
To install and run the venture, please follow these steps:
1. Clone the repository to your local machine or server.
2. Install the required dependencies.
3. Start the application.
4. Access the application.
This repository is licensed under the AGPL License.
Please note that while the contract platform is currently under development, there is a working version available for users to explore and test. You can visit the platform at viholder.com to see how it works and familiarize yourself with its features and capabilities