Contract Vault is a Blockchain-powered platform that enables anyone to develop, use, resell, customise and repurpose legal agreements, Smart Contracts as well as entirely new categories of agreements without legal or technical knowledge on the Ethereum Blockchain.
Contract Vault bridges the gulf between legal contracts and Smart Contracts enabling the tokenisation and transfer of physical assets and rights on the Blockchain opening a whole new world of possibilities for the usage and adoption of Smart Contracts. Contract Vault aims to build a vibrant ecosystem for individuals, businesses, legal professionals and Blockchain developers centred around an open marketplace. Contract Vault is the new world of trust.
Contract Vault Platform
The Contract Vault platform combines a multitude of tools and services to make the creation, distribution and execution of traditional and next-generation smart legal agreements simple.
Our platform dispenses with the boundary between legal and smart agreements and not only provides tools that revolutionise how Smart Contracts and Ricardian Contracts are built, but also aims to improve conventional legal processes and agreements as they exist today.
The Contract Vault platform currently uses the Ethereum Blockchain for Smart Contracts and Ricardian Contracts. However, as we have already created a layer of abstraction between our markup language SmartML and Solidity code, it is feasible to support additional Smart Contract platforms at some point in the future.
The Contract Vault platform can generate a variety of end-products from our SmartTemplates, including:
Conventional legal agreements, which can then be used offline in the usual manner
Legal agreements, which can be saved securely on decentralised storage and made tamper-proof using signed blockchain transactions
SmartForms and SmartDossiers, which empower legal professionals by enabling them to communicate and collaborate with their clients more efficiently
Customised Smart Contracts, such as Ethereum Smart Contracts
Legally-enforceable Smart Contracts in the form of Ricardian contracts or dual-linked smart contracts
It is the solution to get everyone ready for the brave new world of smart contracts - and make them Truly Smart.
● LEGALLY-ENFORCEABLE SMART CONTRACTS
Use Ricardian Contracts to combine traditional legal contracts with smart contracts, ensuring their legal enforceability and enabling the transfer of physical property and rights on the blockchain.
● RICH ECOSYSTEM
Through Contract Vault's rich ecosystem of legal advisors, blockchain experts and businesses, users gain access to expert advice, arbitration and mediation.
● ACCESSIBLE
Our intuitive interface allows anyone to create, test and manage traditional and smart contracts using only a browser or mobile device.
● MARKETPLACE
Access, customize and deploy a wide variety of legally and technically audited contract templates. Rate and discuss contract templates or access legal and technical advice directly.
● CONTRACT BUILDER
Create your own traditional or smart contracts or modify existing contracts to suit your needs using our visual SmartEdit tool and natural-language processing.
● WHITE LABEL SOLUTION
Law firms, banks, insurances and other businesses can offer their own white-labelled version of Contract Vault to their customers.
● POWERFUL
Create any kind of contract, from simple conventional loan agreements to entire Legal-, Insure- or Fintech applications that leverage on-chain and off-chain events.
● ENTERPRISE-READY
Our API enables enterprises to create or enhance applications by integrating their existing processes with smart contracts without spending months developing them.
● DEVELOP NEW SALES CHANNELS
Businesses and service providers gain access to new customers through an opt-in advertising platform which incentivizes users for using their services.
Features Offered by Contract Vault
Smart Templates
SmartTemplates are reusable documents that can consist of a mix of legal prose and Smart Contract code; they can include variables, metadata, conditionals, calculations, Smart Contract logic, signatures, identity and Subtemplates.
SmartEdit
SmartEdit allows users to access all the features of our templating system comfortably while still allowing power users to access the markup language if need be. It enables anyone to create templates for standard legal agreements, dynamic “smart” legal agreements.
Smart ML
SmartML is the markup language used to build SmartTemplates on the Contract Vault platform. It is a human and machine-readable format that enables the generation of anything from standard PDF legal agreements to powerful Ricardian Contracts
Importing
Contract Vault allows importing existing content via SmartEdit.
Application
SmartShares
SmartShares aims to solve the following problems with the help of Contract Vault’s Ricardian Contracts and identity services:
Create markets for unlisted companies and manage the exchange of shares.
Create liquidity for what is currently mostly an illiquid asset.
Allow companies to manage their relationships with shareholders via Smart Contracts.
Pay dividends seamlessly with Smart Contracts.
SmartICO
SmartICO Working with our technical and legal partners, we are already building the key components of an off-the-shelf ICO architecture for multiple jurisdictions and regulatory environments, which will be available to mix-and-match according to needs, in the Contract Vault Marketplace.
ICO services usually include marketing, legal and tax, token advisory, technical development (website, Smart Contracts, landing page, dashboard) and regulatory compliance (KYC/AML/licenses).
SmartICO focuses on what we believe can be optimised and to a degree even automated: the legal framework, efficient token advisory, technical development and regulatory compliance. The goal is to enable compliant, fair and transparent ICOs at a low cost.
Use Cases / Integrations
The sky is the limit when it comes to the use cases of the Contract Vault platform. Our unique visual editor SmartEdit supports any kind of contract.
Agreements can be modelled as conventional contracts, smart contracts or a mixture of both. For example, if you lend your car to another party, you can include a security (eg. in the form of tokens) to be transferred by the borrower via a smart contract as a validity requirement for the agreement.
The ability to trigger smart contracts using both on- and off-chain events enables the creation of complete blockchain applications.
Below are some featured projects and applications currently in development or being planned that build on the Contract Vault platform.
Who is Contract Vault for?
Consumers
Law firms
Small business customers
Enterprise customers
Legal professionals
Smart contract developers
The Vault Token
VLT (VAULT) is a transferable ERC-20 compliant digital utility token deployed on the Ethereum network. VLT enables consumers, law firms and corporations to utilize the Contract Vault platform and marketplace while incentivizing content creators to create and maintain high-quality contracts on the Contract Vault marketplace.
The Token Sale
The token sale will allow business and product development, the hiring of new talent, building enterprise integrations as well as paying for content creation so that the vision of building an advanced platform and marketplace with comprehensive tools can be fulfilled.
Pre-Crowdsale - 1st Dec 2017 - 31st Jan 2018
Phase I - 1st May 2018 - 15th May 2018
Phase II - 1st June 2018 - 15th June 2018
Token Info
Token type - Ethereum ERC-20
Ticker - VLT
Token name - Vault Token
Total supply
900'000'000 VLT.
No future emissions planned.
Exchange rate
1 CHF (Swiss Franc) = 10 VLT
1 VLT per 0.1 CHF
Maximum goal (hard cap) - 45'000'000 CHF
Minimum goal - 1'000'000 CHF
Currencies accepted
Cryptocurrencies: ETH
Fiat currencies: CHF, EUR, GBP
Major credit cards
Visit Contract Vault for more info:
Website: https://www.contractvault.io/
Ann Thread: https://bitcointalk.org/index.php?topic=3463255.0
Twitter: https://twitter.com/Contract_Vault
Facebook: https://www.facebook.com/contractvault.io/
Telegram: https://t.me/cvchat
Whitepaper: https://www.contractvault.io/token/#document-assets
By: larrybabs
https://bitcointalk.org/index.php?action=profile;u=1249538
0xf52B863523F0B4be22AA3e92A0AE62698bb947ca
