During the past several months, we’ve been hard at work, ramping up the development of the Agrello MVP into second gear. This hasn’t been a trivial task, given the successful Agrello token sale we’ve been running in parallel.

Finally, we are glad to be able to give you a short glimpse of the minimum viable product (MVP) version of the Agrello solution, which is scheduled to be released later this year.

The Agrello MVP encompasses the basic features needed to accommodate the formalization and enactment of blockchain-based digital agreements. Users can assemble agreements on the basis of smart blocks, which comprise ready-made contract clauses and their respective smart-contract counterparts, or choose a ready-to-use agreement template from the template marketplace.

Agreement templates are vetted and verified contracts. Just fill in variables such as prices, dates, and blockchain-asset addresses, and you’re good to go. Once signed by both parties, a hash of your agreement, including all of its terms and conditions, will be immutably stored on the blockchain. The agreement’s smart contract layer will then execute payments, perform automatable contract obligations, and notify you of actions that are yours to perform.

Following the MVP, the Agrello alpha and beta versions will feature enhanced intelligent-agent-based automation, guaranteeing the Agrello system understands your contract, and that it is able to execute as many contract obligations as possible on your behalf. You’ll also be able to interlink several agreements and their variables, such as prices and other conditions.

More updates on product development and the Agrello MVP are soon to follow. Stay tuned here, subscribe to our newsletter, and join us on Telegram.

The Agrello Team.