Smart Contracts for Dummies Planned
Estonian blockchain startup Agrello is working on what it claims will be a business-ready smart contract solutions that will be built on top of the Qtum blockchain. The Qtum project has recently raised $15.6 million in token crowd-sales and seeks to open its platform for public use in Q3 this year.
Agrello developed what it claims is an intuitive artificial intelligence-powered interface, allowing users with no legal or coding skills to easily create, manage, and automate legally binding smart agreements. These are stored as smart contracts on the blockchain and translated to legally binding documents in English.
The AI smart contract interface of Agrello corresponds with Qtum’s Smart Contract Lifecycle Management solution that proposes an intuitive workflow to derive smart contract code from human-readable agreements and manage them in real time.
“Agrello is highly end-user oriented and seeks to provide an easy-to-use platform that can run on any major device, including mobile phones and tablets,” said Agrello project Lead Hando Rand. “Agrello users will not have to bother with setting up blockchain nodes or heavyweight environments and the Qtum blockchain enables us to provide this plug-and-play user experience.”
