DOCTailor- smart legal platform contract

 

What is the project like?

DocTailor is a unique self-customizing smart legal platform contract that allows lawyers, individuals and organizations to send and create legal individual smart contracts and agreements on blockchain without the developer’s experience.
This report is created for lawyers, organizations and individuals, discussing the long-term viability of individually configured smart legal documents on the block chain. In particular, the report will focus on the automatic DocTailor platform, given the ability of the technology to position itself in such a way as to enhance, innovate and violate existing and existing documents.
I think many of us hear every day or read on the forums that soon, and this is inevitable, the crypto currency market will overtake death.

However, the company assures us of the opposite, according to DocTailor, it is expected that the market of crypto currency will grow from the current $ 730 billion to $ 10 trillion over the next 15 years, solidification of the
importance of holders of crypto currency as an integral part of a new, decentralized economy. The general crypto-currency market has been steadily growing in recent years.

This economy will largely rely on automated, individual legal agreements and intellectual contracts. DocTailor’s mission is to lay the foundation for this new economy by allowing non-crypto enterprises to fully utilize blockchain technology while also encouraging the acceleration of crypto business.

By the way, what is more similar to the truth, you can read this analysis on the white paper of the project: https://www.doctailor.com/assets/pdfs/whitepaper-en.pdf

The current problem of the market is legalization, since many companies and states are not ready to accept crypto currency, because they consider it a financial pyramid or are simply afraid of changes in the discussion. The DocTailor team does everything possible to settle this issue in the legal field, which is an excellent investment in future.

However, some areas of the blockchain are more widely accepted than others. For example, studies show that the concept of storing personal data on the block chain for many more years from widespread acceptance, many believe that it will take about 10 years to become a core practice. However, the public is somewhat more inclined to clever contracts on the detachment, using this technology is estimated to become the main practice for 5 years.

It is clear that the existing range of block-check applications is very limited. To date, applications are mostly targeted at wallets and online exchanges, although there are a small number of smart contractual services and monitoring tools. However, despite their availability and, indeed, their demand – the value of smart contract deals reached $ 116 million during the first three months of 2016; more than twice the value of transactions in the last quarter of 2015 – these services often fail in terms of overall user experience.
This is a factor that can be directly related to confusion and low adoption rate. Additionally, since there are limited intellectual contract applications, there is also a limited demand for the necessary skills and experience to develop such platforms. There is a noticeable disconnect between what’s happening, and what should happen to get a technology lock from the ground. A decision is urgently needed to link stakeholders and applications to benefit the market.
Therefore, it is expected that the next wave of progress for blockchain technology will focus on building this “bridge”, connecting protocols with key consumers to develop a new decentralized economy. This approach is understood as the key to large-scale adoption of blockades.

Under a brief description of the project, which certainly deserves your attention, I wanted to sum up.

The market of crypto-currencies will actively develop from year to year, all with large assets.
More and more countries are accepting crypto-currencies as a monetary unit.
More and more companies are using the technologies of blocking projects. Such projects as DocTailor actively help in development.
How can we not mention the team here?

Sam Enrico Williams -Founder and CEO
Dominic Brown-COO
Alexandrine Masse-Senior Legal Officer
Saffron Weale-CMO
Marco Zaratta-Italian Legal Counse
Pavel Rubin-Blockchain & Software Developer
Victor Khomiak-Front-End Developer
Khaja Aleemuddin-Data Management
Useful Links:

Website- https://www.doctailor.com

White paper- https://www.doctailor.com/assets/pdfs/whitepaper-en.pdf

Bounty: https://bountyhive.io/join/DocTailor

About Toni Leon

Author: mampham
ETH: 0xC8C92A22a6BeBC985ABF761b0B483c2bD4e3457F

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