Tamper Proof System
Decentralized Peer-to-Peer Systems
The VALANT project envisions a future where home improvement and construction projects are seamlessly managed through a decentralized, tamper-proof system. By using smart contracts on the Ethereum blockchain, the VALANT token facilitates, immutable records, automated payments, and accountability and peer-to-peer transactions.
The VALANT token (VAL) was conceived as an innovative solution to long-standing issues in the contractor-homeowner relationship, particularly regarding transparency, trust, and accountability in home improvement and construction projects. By leveraging blockchain technology, VALANT aims to foster a new level of clarity in transactions, agreements, and project progress, ensuring all parties involved have a shared understanding of expectations and outcomes.
The Problem: Lack of Transparency in Home Building
In the traditional contractor-homeowner dynamic, disputes and misunderstandings often arise due to incomplete or unclear communication about project timelines, costs, and deliverables.
These issues can result in mistrust, delays, and additional expenses, which not only strain the relationship but can also lead to legal complications. Without a standardized system to document and track project milestones, homeowners are left vulnerable to miscommunication, and contractors face challenges in proving the legitimacy of their work.
The Vision: A Transparent, Trustworthy Ecosystem
Immutable Records: Every agreement, milestone, and transaction is recorded on the blockchain, ensuring no alterations can be made once data is submitted.
Automated Payments: Smart contracts tied to the VALANT token can automate payments based on milestone completion, eliminating delays and disputes over payment terms.
Accountability: Both contractors and homeowners are held accountable for their commitments, fostering a fairer and more reliable working relationship.