Trafarea

Hi! We are happy to get the design of our generic digital contracts end-to-end platform have raised to the next level in line with the feature set and general approaches that we featured earlier. In particular, we have raised to the next level the contract model, the whole contract ecosystem model, and the platform architecture to support in the natural and organic way contracts integration and interaction for end-to-end value chains and get all their parties connected seamlessly. Due to incredibly high importance of this platform, as it is explained below, we have decided to rename it from Trafarea.Sell&Buy to just Trafarea.

The cornerstones of our contract ecosystem model are the concepts of a generic value, its storing, ownership for a generic value, both sole and shared, value ownership exchange and sharing between platform participants by means of generic digital contracts, integratable and executable, and value management by means of decision taking by its shareholders, as well as board, executives and others based on delegations. The natural consequences from them have become both certifiable authenticity of every platform participant based on X509 certificates, and obtaining the single source of every meaningful holistic data item, whereas the specialized platforms, that deal with their designated type of data, has got to be data agents only. The last one relates to all kinds of media and messages as well.

What we have done is that we have investigated deeper in the notion of a generic contract and split it into more atomic pieces. Then we have modeled a wide range of use-cases and improved the model in the iterative way, fully supporting efficient implementation of our earlier projects:
- Trafarea.ValuableAssets for safe and efficient buying of high value assets like real-estate
- Trafarea.Startups and Trafarea.Groups for safe and efficient cooperation in partnerships

As both value and contract concepts are fully generic, Trafarea platform supports the use cases far beyond the commercial field, covering data sharing, messaging, collaboration, and social use-cases as well. Thus, we have developed a minimal set of contract ecosystem building blocks, that can be plugged one into another in a lego manner, along with their interaction, structuring, and version management capabilities, to integrate them into end-to-end value chains with high level of automation and agility, and support the major kinds of economic and social relationships, the ones with government bodies (like tax authorities, pension funds, various kinds of registrars), as well as management and financial processes - in business, private and public areas.

Summarizing, the advanced design of Trafarea platform supports the following features of Web 3.0 concept (the source link is in the first comment):
- distributed ledger,
- streamlines current complex processes across a range of industries,
- reconstructed value chain — Web 3.0 economics favor creators (developers, service providers, and artists) and generally disrupt intermediaries and brokers who have historically connected those creators to their customers,
- streamlines transactions, reduces costs, and provides efficiencies to legacy business processes,
- high transparency, visibility,
- the certifiable authenticity allows for novel ways of representing value through digital goods.

We have elaborated on the platform architecture that supports the new contract model, as well. This extends further more our previous developments of the "contract charging engine" on top of RavenDB map-reduce indexes.

Thus, we get a game changing Web 3.0 platform, that can support a wide range of relationships and processes in business, private and public areas, making them and their participants, people and organizations, more structured, transparent, safe, functional, linked, integrated in the reactive manner, reliable, competitive, and, finally, green, comfortable and efficient.

Trafarea platform is designed not only for established businesses, but for everyone and everything, eliminating barriers and opening wide and powerful capabilities and opportunities to all consumers, groups of interests, creative people, small businesses and startups. In particular, Trafarea has got to be the solid foundation for all the other projects of Trafarea family mentioned above.

Glory to Ukraine!