Contracts are fundamental to the global economic system, yet the way agreements are formed and monitored is slow and costly. The market is failing to be effectively served by a legal establishment geared towards the bespoke and high-value. Growing markets such as the networked economy need a way to access better legal services and tools that support the way modern commerce is evolving.
The Agreements Network is built to enable new and more efficient forms of operating agreements via decentralised, distributed systems. It provides a technical platform enabling lawyers to productise their previously bespoke services. It uses blockchain and smart contracts technologies to provide consumers with a real-time view on their obligations. Active Agreements on the network allow businesses to visualize their risk in a compelling way.