Smart Contracts Made Simple: Creating and Executing “Smart” Agreements Using OpenLaw Forms
OpenLaw releases new “forms” makes creating and executing a legal agreement a snap. Turn any legal agreement (including any agreement that contains a smart contract) into a questionnaire or a simple form in a couple of clicks. A new tool for the open commercial system has just dropped.
Commercial arrangements can be complex, often requiring multiple people’s input and approval to kick things off and different phases of performance. During the process, agreements take too long to prepare, get stuck with “legal” and worse — their valuable data is not plugged into other systems for more productive use.
With OpenLaw’s Forms, we change all of that. You can take any legal agreement (including any legal agreement that incorporates a smart contract) and turn it into a questionnaire or simple form in a couple of clicks. Multiple people can fill out the form and entire workflows can be created to manage the life cycle of a commercial agreement.
Answer a few questions and we’ll create the legal agreement for you and — if you want — trigger the execution of a smart contract. It’s that easy. Then it’s yours to download, sign, and share — with a blockchain serving as a secure record keeping system.
To try it out, click on some sample forms below:
With OpenLaw Forms, commercial relationships (and smart legal agreements) no longer need to be complex. Generate agreements, execute smart contracts, and save information related to agreements with ease.
To learn more about OpenLaw, check out our site and documentation for an overview and detailed reference guide and. You can also find us at hello@openlaw.io or tune in in our community Slack channel. Follow our Medium and Twitter for further announcements, tutorials, and helpful tips over the upcoming weeks and months.
