"Smart Legal Contracts: Harnessing The Power Of Connected Data "
"Smart Legal Contracts: Harnessing The Power Of Connected Data "
10 - 7:50 AM EDT/New York (See in local time)
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04//2024 7:50 AM
04//2024 08:10 AM
America/New_York
#WTGC2024
"Smart Legal Contracts: Harnessing The Power Of Connected Data "
#WTGC2024
"Smart Legal Contracts: Harnessing The Power Of Connected Data "
https://app.events.ringcentral.com/events/women-in-tech-global-conference-2024/reception
https://www.womentech.net/vfairs
"Smart Legal Contracts: Harnessing The Power Of Connected Data "
"Smart Legal Contracts: Harnessing The Power Of Connected Data "
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Session: Smart Legal Contracts: Harnessing The Power Of Connected Data
Up until now, legal contracts have been recorded using natural language on paper or digital documents, stored on a computer or cloud. Every person has such contracts, whether it’s for work, a telecom plan or real estate. They are either in a packed drawer or somewhere in your drive. This is a static representation of what is agreed.What if the same contracts you have are connected to all of your digital payment accounts, your company's ERP/CRM systems, storage & databases and automatically perform the agreed upon terms? What if they pull all of the scattered data and generate reports & risk assessments for your business in real time?
Key Takeaways
- Smart legal contracts are not smart contracts.
- Decentralised development helps bring out leaked value in the form of data.
- The current contracting process is dysfunctional and fragmented.
- The successful business is the one that can pivot quickly with the help of rich data insights.
- Tech innovation doesn't have to be earth-shattering to make significant change.
Bio
Kalina has considerable experience in IT project management, e-commerce, and DLT, with a focus on new and developing markets. She is a certified PSPO and speaks English, French, and Chinese. Currently, she is managing the business operations and leading the Smart Legal Contracts team at INDUSTRIA Technology.