When one sees businesses given government tenders to perform a certain tasks…for various reasons, those businesses will try to cut costs and prolong procedures to increase profits resulting in an inferior product and backlog.

With #Bitcoin  technology, can one create a time lock contract with a fixed amount of #btc  that gets deducted in correspondence to how much time the tender project takes. This will speed up business and possibly result in a better product?

#BTC  brain storming session .