When managed correctly, legal contracts can be your business’ biggest asset, but that management requires time and resources. Clause helps you overcome contract automation challenges by changing contracts from static documents to a dynamic, integrated, part of your business.
With Clause you can digitize the text and logic of the your business’ contracts. Thanks to an integration between Kaleido and Clause, you can now send all contract events to an immutable, distributed and permissioned ledger (blockchain).
To get started, use the Clause service in the Kaleido marketplace to deploy the Audit Trail smart contract.
Smart Legal Contracts running off-chain, sending contract events to a permissioned blockchain (with the ability to publish state proofs), provides contracting parties with privacy for their sensitive commercial contract terms, while increasing transparency, and reducing disputes and expensive reconciliation.
Kaleido is your easy button for developing next era blockchain based business applications.