True Contracts transforms current paper contracts to a distributed blockchain database where all participants can view the same data without any manipulation or errors. All the data will be time-stamped as it is added to the ledger, and is recorded on the blockchain, an unalterable digital ledger that can be configured to record almost any transaction in real-time and with complete transparency.

Each stage of the contracting process provides notifications and alerts to all participants and creates a shared ledger of all activities. As a result, formal e-contracts are created, stored electronically as NFTs on the blockchain accessible exclusively by the participants. All the transactions documented are immutable, transparent and are permanently encrypted and stored on the blockchain.

True Contracts created a cutting-edge, user-friendly frontend experience with the robust backend technology and infrastructure for Government Organizations, Contractors, Lenders, Sub Contractors, Vendors, Importers, Exporters, Banks, Institutional Investors, Factoring Companies, Invoice / Bill Discounting Companies and all other stakeholders collaborating on projects that require to build a trust factor among the participants. Once participants utilizing our decentralized smart contracts marketplace create a connection by each hosting a network node, each party can control contract actions on the front-end while remaining confident that they are all using the same version. This is achievable because of the fact that blockchain technology underpins the platform's back end, which serves as a single point of truth.