Stacktical Wants to Instantly Compensate Victims of Internet Outages Using Smart Contracts and Cryptocurrency Escrows

Since the hourly cost of downtime can exceed $100K, it goes without saying that the reliability of online services is mission-critical for business and enterprise customers. In 2018, more than 80% of corporations required a minimum of 99.99% uptime commitment from their online service providers. That’s exactly 52 minutes and 35.7 seconds of downtime per year. Service Level Agreements or “SLA” are legally-binding business agreements that define the ins and outs of such commitmen