Smart Contracts

Eventually, the deals we strike will achieve sentience. Your mortgage will call you one day and want to discuss Hegel. Your car insurance will demand equal rights.

Smart contracts represent a step in that direction. Basically, these contracts are to negotiation what self-driving cars are to your Toyota Yaris. They represent self-executing contracts written in computer code, instead of on paper.

The smart contracts operate through blockchain technology, like a cryptocurrency. Because the terms of the contract are encoded into a program, the deals are self-executing. No need for lawyers. No need to sue. The blockchain network keeps everyone in line.