The Internet is changing the world and way, how society works. Thanks to the blockchain technology, there is a new way, how law contracts can be done in a digital way. Everything with an emphasis on security, transparency and without the possibility of fraud.
New age of internet - Blockchain
In the beginning, no one knows, what exactly is Blockchain before it was used for the first time in Bitcoin project. (Bitcoin is the financial network, where users can exchange currency units between each other without any third party).
Bitcoin showed to the world new possibilities of usage of Blockchain technology. Developers immediately started with researching, how this technology can be used. One of the best discoveries is smart contracts.
What is smart contract?
Smart contracts are digital way, how we can put information, rule or specific condition into the programming code, which can be transparently approved or signed by interested parties. Smart contracts are stored on blockchain network and it cannot be deleted or edited without approval with interested parties.
Major benefits of use Smart contracts in Law
A new digital age of Law is coming
And we want to do the first step into adoption
Signature through blockchain
Decentralized store of contracts
Effective cost reduction
Fast and simple execution
No possible fraud actions
”It is very likely that in a few years programmers and lawyers will do the same job.Technological progress can not be stopped
We are experts from blockchain and law industry. Our focus is to digitalize law industry thought blockchain and smart contracts. If you want to create law based smart Contracts or to automate some administrative process, We are here for you.
Every day we watch for technology news in main developer crypto communities, that we can digitize the law as close as possible to reality.