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The era of DAOs is coming. Yet, the technical underpinning of DAOs needs work. The Tribute DAO framework aims to make DAO development easier by balancing a more modular design and an optimistic rollup with the security guarantees of Moloch. Through this approach, DAOs can evolve and teams can work together to rapidly evolve DAOs and their potential use cases.

DAOs are coming into their own. Ethereum’s broad vision has not just been about an underlying token which powers decentralization applications, but also about re-orienting how digital communities organize. …


With OpenLaw, you can issue purely digital, legal-enforceable assets with no coding necessary. Our latest collection of contractual clauses can be stacked together like “legal legos” to execute complex legal and financial transactions involving blockchain technology.

Assets exist and power this world because there are clear terms, embodied in legal agreements, which bring each asset’s rights and obligations to life. So far, however, this has been a half-life under the practices of our collective legal and accounting systems. The same goes for the world of digital assets. …


OpenLaw will soon be releasing the OpenLaw Node, building out the first true Internet of Agreements.

Bitcoin changed the world by introducing the first peer-to-peer digital payments system. With the launch of Bitcoin, no longer did people need to rely on a centralized bank, company, or another intermediary to administer transfers of payment or value — they could rely on the Bitcoin network.

Bitcoin was radically different from other payment and digital asset platforms. It was open source, radically transparent, and available on an equal footing to all. These characteristics helped the Bitcoin ecosystem grow, over the past 10 years…


OpenLaw’s new Forms & Flow streamlines the creation, management, and approval of contracts. With Forms & Flow, lawyers and companies can save time and needless expense and even export data related to their agreements into internal or third-party systems.

Contracts are the “dark matter” of the commercial world — you don’t necessarily see them, but they’re there. They structure transactions, support markets, protect secrets, and secure and outline important financial and creative rights.

Despite the pervasiveness of contracts, the time and expense to create legal agreements have not gone down. For example, it’s estimated that the cost of processing a…


OpenLaw has announced that its platform will be made available on the legal tech app platform Reynen Court, which enables law firms to deploy pre-vetted, security-tested applications quickly within their own technology environments, either on-premise or in the cloud.

Using OpenLaw, anyone can more efficiently engage in commercial transactions through cutting edge legal automation tooling, all while leveraging next-generation blockchain-based smart contracts. For background, smart contracts can be thought of as prescriptive scripts that can facilitate and execute commercial agreements between parties, for example an escrow script. …


We break down the emerging technology stack that will fulfill the common vision of a “smart contract.”

Despite being a core concept in the blockchain space, the term “smart contract” is often misunderstood. For many, the term “smart contract” conjures up images of a dynamic legal agreement that reads and writes information and rapidly transfers payments between parties. However, as implemented on Ethereum, and as famously noted by Ed Felten the noted Princeton computer scientist: “smart contracts are [often] not contracts and not smart.”

Indeed, today, Ethereum based smart contracts can be thought of as persistent scripts (or a stored…


OpenLaw is using Compound’s cDAI to bring real-time payment and automatic savings. With these tools, people can earn payment in real-time and automatically earn interest, effectively creating a digital savings account with cDAI.

Bitcoin was released in the shadows of the 2008 financial crisis, creating the first truly global peer-to-peer electronic payment system. Through the use of cryptographic primitives and the proof of work consensus algorithm, the world was able to interact with a global payments network free from central bank control, with the aim to create a more inclusive and decentralized financial system.

Bitcoin’s initial vision has matured over…


The future of the commercial process in DeFi is powered by OpenLaw. OpenLaw integrates MakerDAO’s Dai stablecoin to create smart financial transactions and others on OpenLaw Finance.

One of the reasons that the US Dollar supplanted gold as a global standard is because most global contracts are denominated in U.S. Dollars. For blockchain-based digital assets to achieve their vision of serving as a global, universal available “currency,” a digital asset must not only be stable, but also be primarily used to settle commercial transactions in both the financial and non-financial realms.

In the Ethereum community, great strides have been made…


Today we’re offering a sneak peek into OpenLaw’s forthcoming integration framework. Once released, any third-party service can be incorporated into an OpenLaw agreement, including third-party e-signature platforms like DocuSign and third party oracle services, like ChainLink, in a snap.

OpenLaw transforms legal agreements into structured computable files — data objects that can be read from, written to, or interacted with. As a result, legal agreements no longer need to be trapped in dusty filing cabinets or hard to parse Microsoft Word Files or PDFs. They can operate like software.

To extend the usefulness of OpenLaw, we’re previewing OpenLaw’s new “integration…


Today OpenLaw is releasing its second vertical OpenLaw Finance. With OpenLaw Finance creating legally compliant tokenized securities, fixed income products, tokenized real estate, and smart derivatives can be as easy as filling out a simple form. The future of decentralized finance is coming into focus powered by OpenLaw.

Ethereum holds out the potential to serve as the commercial operating system for the globe. Launched only five years ago, Ethereum is rapidly emerging as the spine for a streamlined financial system where existing financial products can be structured and administered more efficiently. Despite the downturn in prices, Ethereum’s growth has accelerated…

OpenLaw

A commercial operating system for blockchains. By @awrigh01 and @bmalaus; a @ConsenSys spoke. https://openlaw.io/

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