Smart legal contracting needs a common implementation. The Accord Working Groups are comprised of leading law firms that help establish best practices for an industry standard smart legal contract layer.
The Accord Project develops technical standards such as data schemas, models, templates, a smart legal contract programming language and a contract execution engine that embody legal best practices and work towards a common, universal, implementation for smart legal contracts.
The Accord Project incubates an open-source protocol, enabling applications to be built on a common software foundation for smart legal contracts. The core execution elements are open-sourced, including the Cicero templating system.
Legal Contract Protocol
The Accord Project open source protocol for the formation and execution of smart legal contracts is a blockchain-agnostic standard implementation, including a domain specific language, execution engine, and templating system.
The Accord Project has partnered with the Trusted IoT Alliance to establish techno-legal standards and open source code for the intersection between blockchain, IoT, and smart legal contracts. The partnership brings together the leading…