Smart Contract Co. LegalThings Links with Waves Blockchain Platform

Dutch legal tech startup LegalThings (which brought the world the LegalFling app some months ago – see video below) will be launching blockchain products for European and global enterprises starting from June, as a part of a long-term strategic partnership with the Waves Platform: ranging from the tokenisation of company shares to supply chain and real estate solutions.

The company’s tech, LegalThings One, enables people to participate in the legal system without the need to rely on lawyers or trust organizations and governments blindly. Moreover, the project significantly cuts down on bureaucracy, mitigates fraud and corruption, whilst allowing automation of agreements and laws, without giving full control to the machines. The LegalThings One distributed system stands out from its competitors by being compliant with upcoming GDPR- and other data privacy regulations.

‘LegalThings has been on the market for over four years, having worked with big clients, like the Dutch government and large corporations. Their unique experience and expertise paired with our cutting-edge technology will positively disrupt legal and blockchain industries, bringing them to a higher quality level. The LegalThings One partnership is a great start at bringing a compliance component onto blockchain,’  said Waves CEO Alexander Ivanov.

The partnership was recorded on the Waves public ledger in block 1.000.001 as a sign of a new and prosperous collaboration between Waves and LegalThings.

‘We are extremely excited to work together with the Waves Platform in order to bring blockchain to the real world. We strongly believe our partnership will be fruitful and will help the mainstream adoption of blockchain on a wider scale. It’s a unique collaboration where the existing legal tech solution meets the cutting-edge distributed ledger technology. In the coming months, we are going to be working together on numerous projects for major corporations and governments around the world, details of which will be disclosed soon,’ said LegalThings CEO Rick Schmitz.

LegalThingshas been working with several corporates and law firms, which include Heineken, DEKRA, CMS Law & Tax, Velcro and Cloud9.

P.S. If you’d like to watch a short video about the now infamous ‘LegalFling App’, please check it out below. It was certainly controversial. 

[The above article was originally posted by LegalThings on Medium and reproduced here with their kind permission. ]