Principle standardizes risk management and evaluation of interactions between the stakeholders in each market interaction and give users sense of security and accountability when doing business on the blockchain.
Principle provides easy to use SDK that deploys Ethereum smart contracts, that are deployed when all parties that are stepping into an agreement create a list of binding rules that will be used in case of a potential disagreement in the future. All data is securely stored on the blockchain and the cost of evaluation is governed by free market economics.
Principle project was started from observing our own needs in business interaction between clients and contractors. Principle brings back trust and reliability between all parties in an agreement and provides a sufficient level of insurance and comfort for the end users trusting the system.