We’ve been working on it for weeks, and we’re finally ready to show our new stop contract function! We think this is a major move in a world that is going to increasingly be using smart contracts.

Read our full explainer post on the stop contract function here.

As blockchain technology has matured, we’ve begun to see an increasing range of contractual provisions modelled and managed through smart contract code. Indeed, we’re at the beginning of a longer term trend, where increasingly more aspects of legal agreements will be encoded into smart contract code to manage asset transfers and other performance obligations in a trusted and potentially autonomous manner.

Onto the rest of the updates!

No Disclosure Here: The team is working on an NDA (non-disclosure agreement) project that will generate an automated NDA application — the first application on top of OpenLaw! The first users of this will be in-house: ConsenSys’s legal department (LegL) will streamline its process for NDA requests from the rest of the company. This is particularly cool because it will show how other third parties can integrate the OpenLaw protocol into their systems to build their own applications.

Integrating with Google Drive: The success of many applications is determined by how easy they are for people to use. With that in mind, we’ve been working on a Google Drive integration that would allow users to upload templates to Google Drive. Work is coming along, as the logic is mostly all there for the authorization and upload, and we’re now working through issues at each step of the flow.

Surface Area: In an effort to keep users “in the know” of what’s going on on OpenLaw, the team is working on a layout that will surfacing key events, such as the revision of templates, so users can have a summary of what they’ve been working on.

New Look: The team continues work on a new look for openlaw.io that will be simpler, more beautiful, and easier for people to use.

Under Review: The Conversion Tool has a new friend, with the first version of the Review Tool underway. Where the Conversion Tool allows users to take an existing document and automatically scour it for names and addresses to be removed and converted into clean variables, the Review Tool allows for the editing of sentences that were not properly converted/identified by the Conversion Tool. This will make it a lot easier to bring clean, high-quality agreements into the world.

Tokenizing Licenses: The team has head firmly buried in computer when it comes to writing solidity code for a license agreement that will allow users to tokenize and license works like art and music. Be on the lookout for a demo of that soon.

Generating PDFs: The .pdf will be coming soon to OpenLaw, as users will be able to not only memorialize their agreements on a blockchain, but also save them or print them out as a pdf.

Immigration: We’re looking for a way to help those in limbo in the immigration system, one of the biggest topics of the day. To do so, work continues on building a document of digestible information regarding the processes on how to obtain visas and green cards. We hope we can provide some additional legal info for figuring out what is a complicated situation.

New Hire: Eyal Perry

Eyal joins the team as a full-stack developer. Eyal has worked for several startups in the thriving tech scene in Israel, mostly as a back-end and algorithms developer. He was born and raised in sunny Tel-Aviv, and graduated from Tel-Aviv University. Eyal works in Tel Aviv for part of the year and travels, working remotely for the rest of it. He recently spent several months in China.

Want to join this team?

The OpenLaw continues to grow. Currently, we’re looking for a:

Join Us

Like these posts? We set up a Slack channel to share updates, news, and have a place for users to ask us questions and meet other people interested in smart legal agreements. If you’d like to join, check it out here.

We also just sent out our first monthly newsletter. If these dev updates are interesting to you, the newsletters will be even moreso, packed with info about the team, hiring announcements, demos and more. Check out the July newsy here.

As always, if you email us, we will answer (hello@openlaw.io)

Join us on our mission!

— The OpenLaw Team

openlaw.io