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OpenLaw

by ConsenSys

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SmarTract

by Lookout Mountain Foundation

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Compare With Similar Companies

OpenLaw

by ConsenSys

(0)
Visit Website

SmarTract

by Lookout Mountain Foundation

(0)
View Profile

What problem does this service solve?

OpenLaw provides the tools for creating blockchain based legal agreements.SmarTract will enable the creation of custom smart contracts to autonomously perform terms and conditions of digitally signed contracts.

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Company Description

Openlaw is developing a platform that will allow users to create, store, and execute legal agreements that operate with blockchain-based smart contracts. Openlaw is a community driven project that provides a library of legal templates, as well as the tools to automatically transfer digital assets with smart contracts. Openlaw is a ConsenSys portfolio company.

SmarTract is a smart contract protocol that was developed by SIGNiX, a leader in the digital signature field. SmarTract allows users to automate the performance of an existing digital contract by creating an associated smart contract on a blockchain. SmarTract’s vision is to transform legal contract administration by autonomously operating the terms and conditions of digitally signed contracts. The company's partnership with SIGNiX - a leading cloud-based digital signature platform, provides them with a significant advantage. The SIGNiX ecosystem is estimated to be as large as 100 million parties, signing as many as 1 billion legal contracts, annually.

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