Smart Contracts and Blockchain Integration

Smart Contracts

Smart contracts are self-executing contracts with the terms directly written into codes. They facilitate, verify, and enforce the negotiation or performance of a contract automatically.

• Marketplace Contracts: Manage listings, sales, and purchases. They handle payment processing, escrow services, and dispute resolution.

• Governance Contracts: Enable decentralized governance by allowing token holders to propose and vote on platform changes.

• Logistics Contracts: Coordinate the decentralized logistics network, managing tasks like shipment tracking and delivery verification.

Marketplace Contracts

• ProductListing: Allows sellers to list products with relevant detailed information.

• OrderProcessing: Manages the order processing between buyers, sellers, and logistics partners.

• PaymentManagement: Handles the conversion of GATA Tokens to stable tokens and manages payment flow through escrow.

• Escrow: Safely holds funds during the transaction process and releases them based on order confirmation or dispute resolution.

• DisputeResolution: Handles dispute resolution through mediation, arbitration, and voting by five selected moderators.

Blockchain Integration

The GATA Protocol is built on blockchain to ensure transparency, security, and immutability. Key features include:

• Transaction Transparency: All transactions are recorded on the blockchain, ensuring they are visible and verifiable by all participants.

• Security: Blockchain technology provides strong cryptographic security, protecting transactions and user data.

• Immutability: Once recorded, data on the blockchain cannot be altered, preventing fraud and ensuring trust.