Agrello is finally realizing the Vision of Legally-Binding Smart Contracts on the Blockchain
What is Agrello?
Agrello develops an AI powered interface, allowing you to easily create and manage smart-contract-based agreements which are legally binding, just like traditional contracts.
Agrello is highly end-user oriented and enables anyone to create smart-contracts. No coding or legal skills required.
How does it work?
Set up an agreement with a few clicks
Agrello provides a graphical interface, templates and wizards, allowing you to readily draft legally-binding multi-party contracts. A few clicks, and all terms and conditions are set in place.
Your agreement is then automatically translated to smart-contract code and stored on the blockchain, with payments, obligations and rights triggered automatically according to the contracts terms and user input. In parallel, a legally binding document is created, written in natural legal English, and signed off digitally. This Document can, in corner cases, be presented to court if traditional legal action is needed. All Agrello agreements are immutable, yet open to adjustment and future renegotiation.
Manage contracts with the power of AI
Throughout the contract’s life cycle, an AI counselor guides you through your agreement and notifies you on your legal obligations and rights.
At any stage you remain in control of your privileges and duties, able to wave and manage them according to the potential benefits and consequences, as presented to you by your AI counselor. This way, simple p2p agreements, as well as complex, multi-party business processes can be automated and orchestrated at a fraction of the standard legal and operational costs.
Realize the vision of legally-binding smart contracts on the blockchain
With Agrello, smart contracts can be used, for the first time, as a viable legal instrument to streamline businesses and enable an accessible P2P sharing economy.
A P2P Sharing Economy
With Agrello, sublets, car pools, and commodity sharing are easily set in action and legally protected with a few clicks. Freelancers, contractors, and small business owners can formalize long and short term business relations without having to carry legal expenses.
All payments and obligations are triggered automatically on the blockchain, while agreements remain open to future re-negotiation. Involvement of legal personnel and courts is reduced to an absolute minimum if not completely obviated.
High-end Business automation
Agrello smart agreements allow you to set up and manage high-end corporate business process at a fraction of the traditional costs.
Automate and orchestrate global and complex Just-In-Time production flows, streamline HR allocation and salary negotiation, use code based agreements to automate cost/benefit calculations, rationalize and reallocate automatically while considerably reducing administerial and bookkeeping expenses.
Why build on Qtum?
Agrello is highly end-user oriented and seeks to provide an easy to use platform that can run on any major device, including mobile phones and tablets. Agrello users will not have to bother with setting up blockchain nodes or heavyweight environments, and the Qtum blockchain enables us to provide this plug-and-play user experience.