'Contract' as the name suggests, should be between 2 parties (at least).
In this issue, we are proposing a new pallet, which uses 'asset' available on CORD, and allows the owner of the asset to get into contract with any other entity, for a known duration (lack of time as option, is considered to be 1 year from date of execution). With this, the particular asset is not considered for any other 'contracts' during the time period.
Best example is my land's details is used in bank loan as a surety, shouldn't be allowed to use the same land papers in another loan.
'Contract' as the name suggests, should be between 2 parties (at least).
In this issue, we are proposing a new pallet, which uses 'asset' available on CORD, and allows the owner of the asset to get into contract with any other entity, for a known duration (lack of time as option, is considered to be 1 year from date of execution). With this, the particular asset is not considered for any other 'contracts' during the time period.
Best example is my land's details is used in bank loan as a surety, shouldn't be allowed to use the same land papers in another loan.