What is Feelium?
Feeliums’ platform offers the use of a smart contract that eliminates the need for trust as the smart contract ensures the completion of a set of mutually agreed terms at the time of creating the contract. Feelium is the token that will be used as the medium of transfer on the feelium platform. The name Feelium is based on the utility behind the coin to simplify and personalize contractual transactions of real world assets between people and businesses. Currently, trust between two parties is required to ensure the successful completion of the rendering of a product or service. However, adherence of signed mutual contracts is Dependant upon the parties involved. If a dispute presents, the enforcement of this contract is then Dependant on the domestic or international judicial system, which can take anywhere from months to years to solve . Such disputes are a drain on financial resources and the time of all involved. Feelium restores the decision making power and expands the parameters within which contracts can function. With smart contracts and an escrow service built into its platform, Feelium allows for contracts on the individuals’ terms. Feelium also offers e-contracts that can be stored on a highly encrypted blockchain technology paltform.