Unknown Organization (20240428355). Smart Legal Contracts
Contents
Smart Legal Contracts
Organization Name
Inventor(s)
David Arthur Harness of Bakersfield CA (US)
Smart Legal Contracts
This abstract first appeared for US patent application 20240428355 titled 'Smart Legal Contracts
Original Abstract Submitted
the invention is a browser user interface generating a new class of smart legal contracts electronic documents for traditional, natural-language, legally-binding agreements; wherein invention electronic document generation includes blockchain api wallet signing of digital asset transactions generating pdf downloads with transaction hash links to the blockchain ledger network. invention user interface is fully browserified wherein the smart legal contract tokenization, payment, trustline, hook, and escrow blockchain transactions are integral to the electronic document programming of its direct peer to peer api transactions with the blockchains, for example xrp ledger (xrpl) transactions with xaman api wallet signing. hence invention features the three conditions needed to formalize the intent of binding written contracts: subject, consideration, and capacity, while incorporating blockchain safeguards against the product of forgery or perjury sought by uniform commercial code. for example, the electronic documents currently active on inventor's domain smartlegalcontracts.net user interface operating on the xrpl mainnet.
