The legal system is one of the main pillars of the civilized society. It has been the part of our lives for hundreds, or even thousands of years in similar form. As civilization grew, flourished and became more and more complex so did the legal system. Through 20th century law, become highly specialized area of business and today layers most often represent just one law branch. Even technological progress changed many areas of our lives we could not say that for law and legal system. It looks like this is going to change thanks to the blockchain technology.
Blockchain technology is with us for a less than a decade, but we can already see its power and future potential. One of the segments of blockchain technology with most possible business applications and with biggest real-life value is a segment of smart contracts. Smart contracts can assist us in many areas of life and make them less expensive, faster and more transparent without the need for a middleman. If you are still not familiar with smart contracts and would like to know more read this ARTICLE
Smart contracts are not perfect, and there are still many details that need improvement before we see them going mainstream and taking a major role in our everyday lives. As Contract Vault team is stating: "Smart contracts aren't truly smart," and Contract Vault platform is here to change that.
The Contract Vault main goal is to create blockchain based smart legal contracts that will be easy to use for all parties involved. Contract Vault team developed an advanced decentralized platform that enables even to legal nonprofessionals to create, customize, manage and deploy smart legal contracts. Thanks to the visual, user-friendly tools and natural language processing on Contract Vault platform users will be able to create new or modify existing contracts for their personal and business usage.
There are three parties involved in Contract Vault ecosystem, and all of them will benefit from the usage of this platform. Lawyers will gain direct access to numerous new customers in need for their expertise or advice, without the requirement to learn or use any programming skills. Smart contract developers will have open source platform and access to customers that need their knowledge and expertise. The third party is composed of all people in need for verified legally-binding smart contracts.
At this moment Contract Vault token sale is open, and you can get 25% bonus on your purchase on their WEBSITE Before doing that I encourage you to make your due diligence by reading their WHITEPAPER and connect with their community and team members on CONTRACT VAULT TELEGRAM CHANNEL.
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Legal systems are outdated and since the 1200's the English Inns of Court have monopolized "the law" by keeping the key to knowledge hidden within the private guilds such as the Temple Church(Chancel), Grey's Inn, Middle Temple, and Outer Temple. These men who hide under ink, wax, and powdered wigs have corrupted the legal system and made a mockery of Justice, Law, and Order. No longer will their stranglehold remain over the arts and sciences.
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Our lives can not be separated from the law.
by law, we can live our lives well. then, we can know what is good and bad, so we can live with peace.
I hope this blockchain can bring us to a better direction.
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Hey,@kriptonoob Really this writing is great.Smart contracts are not perfect, and there are still many details that need improvement before we see them going mainstream and taking a major role in our everyday lives.
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