What are "DUM CONTRACTS"
"Dum Contracts (Decentralized Unit Margin)" are lines of code that are stored exclusively on the
"Allium schlockchain". It is a computer program or transaction protocol that digitally facilitates, verifies, and enforces the negotiation or performance of a contract.
DUM contracts allow the performance of credible and legal transactions without third parties, reducing the need for intermediators, arbitrations, enforcement costs, and fraud losses.
In addition to DUM contracts, there are also
semi-smart contracts
that are more widely used on the
Efeareum schlockchain.