Smart Contract Enforcement

Using PACT Smart Contracts to Ensure Safe Wealth Management.

Smart Contract Enforcement

Using PACT Smart Contracts to Ensure Safe Wealth Management.Kadena is an innovative Layer 1 Blockchain with a smart contract language called "PACT" that enforces highly secure and robust busines logic to be deployed for any business. The primary usefulness of the PACT language is a concept called "capabilities" which allows a user, represented by a key (a cryptographic hash), to perform sensitive tasks dealing with large sums of money. PACT is also an extremely safe turing incomplete software language that promotes an immutable business logic using the minimum amount of code to secure the KDAbet DAO transaction requirements.

NFT tokens as Identity

Kadena standardized NFTs include metadata with a token id that acts as a unique digital key that the KDAbet DAO can then use to access tickets in PACT smart contract modules. The tickets are used to securely unlock parts of wealth distribution business logic of the protocol in an immutable and decentralized manner. Each DAO member recieves an equal share of the assets wealth generation and cannot seize control of the sportsbook's treasury which is built up to manage the protocol's finance with code only.If A crypto wallet holds the NFT, then that wallet can be the beneficiary of any work product put into the growth of the asset by the DAO collective.​

To learn about the wonderful pact smart contract language

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