CONTRACTS THAT CAN BE READ BY MACHINES · 2020. 2. 5. · CMACC TRANSACT - JUNE 2017 2 Bob is a...

CONTRACTS THAT CAN BE READ BY MACHINES

CMACCTRANSACT-JUNE2017 1

CMACCTRANSACT-JUNE2017 2

Bobisatrader

Bobwantstomakeadeal

CMACCTRANSACT-JUNE2017 3

BobcallsBill

Theyagreeontermsforthedeal

Billsendstheinfoto

Johnforapproval

Bobsendstheinfoto

Claireforapproval

ClairecallsJohntoconfirmterms

Theyconfirm

BillsendsthePOto

Janeforordering

Janeconfirmsthat

theorderwassent

TransacKoniscompleted

APOisgenerated

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BobappelleBill

IlssemeNentd’accordsurles

termesdelacommande

ClaireappelleJohnpourconfirmerles

termesIlsconfirment

Janeconfirmeà

Billquela

commandeaété

effectuée

LatransacKonest

confirmée

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What if a transac;on could be done in a few clicks?

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A language and a methodology Endusers Lawyers

Visualclues,

icons

IdenKfy

KeyopKons

Create,managedeals

SmartcontractsAutomateexecu+on

Notarizeina

blockchainOpensourcelanguage

forcontracts

Extract

parameters

IdenKfyprocesses

thatcouldbe

automated

Businessline Connectedthings

Prose object server

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VSCodeplugin

Opensourceproseobjects

AIcapture

ContractbuilderUI

Databinding

Proseobjects

Contractserver

WebpagegeneraKon

•  APIforcustomUI

•  APIforContractLifecyclemanagement

•  APIforSmartContracts

PDFgeneraKon

Standardizedcontracts

Assemble clauses to tailor the contract to a deal

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Automa;cally generate web pages for data input

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Where we are today  Well-testedmodelfor“ProseObjects”◦ HarvardBerkmanCenter,MITConnecKonScience,LaBChain,KantaraIniKaKve

◦  ScholarshipwithHelenaHaapio◦ Discussionswithlegaltech

 Specificproposalsfor:• mMSA–modularMasterServicesAgreement

•  TermsofUse,GDPR

 Proofofconcept:•  CaissedesDépôtsgroupinFrance(4companiesinvolved)

•  Privacy-techHackatontocreatefirstTermsofUseproseobject

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QUESTIONS?