What is DocTailor about?
Since then, the need for a notable demand for smart contracts had existed, although few are making use of the services that have already been made available. In fact, while almost half of senior executives believe there is value in smart blockchain contracts, and although they would be happy to use an intelligent contract service, reports have shown that only 13% have incorporated technology into their work. . This highlights the fact that there is something missing in existing services that prevents widespread adoption.
THE USE OF INTELLIGENT CONTRACTS IN THE BLOCKCHAIN
THE USE OF INTELLIGENT CONTRACTS IN THE BLOCKCHAIN
The DocTailor platform is a unique automated legal document platform that facilitates the creation and distribution of personalized smart legal documents in the blockchain. This platform has been designed to simplify the implementation of an intelligent contract, significantly reducing the time and associated cost for users.
However, the creation of smart legal documents now represents a challenge for many organizations and individuals, particularly those with limited development experience. The concept has been criticized for being costly and slow. The DocTailor platform aims to address these common problems and concerns. The platform has been developed by a team with experience in Blockchain, which strives to use innovative technology in new and revolutionary ways. Many of the team's developers have joined DocTailor from artificial intelligence (AI) funds, working to further develop the idea through systems focused on AI.
The DocTailor platform will also allow all its users, regardless of the developer's experience, to implement legal documents with an integrated intelligent contract feature. The goal of the technology is to create a new ecosystem designed to demonstrate the ways in which blockchain advances can be used in the legal industry. The main objective of this Platform is:
· Offer easy payment options, storing both cryptocurrencies and fiduciary money
· Promote the ease of development, acquisition and distribution of smart contracts
· Improve the accessibility of personalized smart contracts
· Integrate with the commercial infrastructure to add value to real-world situations
· Operate based on P2P, B2C and B2B as needed
· Facilitate the use of DocTailor DOCS token and / or other cryptocurrencies
· Manage and monitor smart contracts deployed and blockchains
The introduction of the DocTailor platform coincides with an increase in concern regarding the low adoption rates of the blockchain technology. Reports has shown that over 40% of top executives do not understand how Blockchain could benefit their business or their industry therefore, citing little or no knowledge of the technology. To this day, it seems that blockchain adoption rates vary significantly according to the sector.
ADOPTION OF BLOCKING BY INDUSTRY, 2017.
Although the platform has faced several challenges that have been cited as major obstacles that hinder the widespread adoption of blockchain, which includes problems of integration, lack of experience within the emerging industry, high costs, volatility and concerns related to consumer protection that still not addressed While specific aspects of these concerns have been addressed, through the launch of appropriate multi-currency wallets and cryptographic debit options with back-end liquidity, there should be a need to address the "last mile" of blockchain adoption. The key to bringing Blockchain to everyday life is undoubtedly the ability to build and deploy smart contracts along with payments made with various types of cryptocurrencies. This is an aspect that has already been addressed in terms of standard digital payments, with smart contract solutions established through service providers such as Paypal and Visa. These contracts offer consumer protection against fraud and dispute; something that is notably lacking in the cryptocurrency sector. The use of smart contracts in the blockchain has the potential to address not only this problem, but the associated concerns directly. The DocTailor platform for the development and implementation of smart contracts for multi-currency payments could be an instrument to increase blockchain adoption rates on a global scale. with smart contract solutions established through service providers such as Paypal and Visa. These contracts offer consumer protection against fraud and dispute; something that is notably lacking in the cryptocurrency sector. The use of smart contracts in the blockchain has the potential to address not only this problem, but the associated concerns directly. The DocTailor platform for the development and implementation of smart contracts for multi-currency payments could be an instrument to increase blockchain adoption rates on a global scale. with smart contract solutions established through service providers such as Paypal and Visa. These contracts offer consumer protection against fraud and dispute; something that is notably lacking in the cryptocurrency sector. The use of smart contracts in the blockchain has the potential to address not only this problem, but the associated concerns directly. The DocTailor platform for the development and implementation of smart contracts for multi-currency payments could be an instrument to increase blockchain adoption rates on a global scale. The use of smart contracts in the blockchain has the potential to address not only this problem, but the associated concerns directly. The DocTailor platform for the development and implementation of smart contracts for multi-currency payments could be an instrument to increase blockchain adoption rates on a global scale. The use of smart contracts in the blockchain has the potential to address not only this problem, but the associated concerns directly. The DocTailor platform for the development and implementation of smart contracts for multi-currency payments could be an instrument to increase blockchain adoption rates on a global scale.
SOLUTION TO PROBLEMS OF THE DOCTAILOR PLATFORM
DocTailor has been presented as a viable long-term solution for problems that hinder the widespread adoption of blockchain technology. Focusing on a major flaw in existing smart contract applications - user experience - DocTailor allows easy access to blockchain, cryptocurrencies and smart contracts. The platform will support the integration of third-party APIs, allowing the incorporation of customized smart contracts in third-party systems. The notion is simple: so that companies can create and deploy smart contracts in a simple and direct way while benefiting from the cryptocurrency economy.
Users can even generate revenue by creating smart, personalized contracts and contracts on the platform and sharing these documents with other users who search for documents with similar requirements and clauses.
Features and advantages of DOCTAILOR
Clause selection: users can choose from more than 10,000 pre-created legal clauses.
Merge clauses: the selected clauses can be combined in existing document structures.
Structuring of documents: new contracts can be created for users quickly and efficiently.
Formatting: documents can be downloaded in various formats (for example, Word, HTML, XML, PDF).
Blockchain: the templates are kept in the chain of blocks, maintaining clarity and transparency.
Follow-up: users can monitor the use of the contract and the participation of the recipient (for example, authorization).
Contract administration: documents can be stored and managed online as needed.
Authentication: alerts are used to signal the signing of documents and contracts.
Smart Contracts: Secure agreements are used to protect both parties in financial transactions.
SUMMARY AND CONCLUSION
The report that has been written so far was created for law professionals, organizations and individuals, discussing the long-term viability of smart legal documents customized in the blockchain. Specifically, the report will focus on the automated DocTailor platform, taking into account the ability of technology to position itself in such a way as to drive, innovate and disorganize the current and existing landscape of the legal document as it is tailored.
Depending on the features and benefits of the DocTailor platform, it is clear that the platform has the necessary features and, most importantly, the only necessary point of sale (USP) to achieve its goal of revolutionizing the landscape of contracts smart The specific focus of the platform on user experience and accessibility makes DocTailor the most viable candidate to date to interrupt existing contractual systems. However, the success of DocTailor depends to a large extent on a greater adoption of blockchain, not only of individuals, but also of organizations and legal professionals. As a custom platform, there is a dependency of the users to work in the creation of DocTailor data.
For more information, visit:
Website - https://www.doctailor.com/
White Book - https://www.doctailor.com/whitepaper-en.pdf
Bounty - https://www.bountyhive.io/ join / DocTailor
Website - https://www.doctailor.com/
White Book - https://www.doctailor.com/whitepaper-en.pdf
Bounty - https://www.bountyhive.io/ join / DocTailor
Authors: YarisRiyadi1st
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1756824;sa=summary
My ETH: 0x8B1820FB5829696cA5b595d09dF4e0F5757a97A7
0 komentar:
Posting Komentar