WHAT IS DocTailor
DocTailor is a unique legal document platform that facilitates the creation and distribution of self-adjusted smart legal documents on the blockchain. DocTailor has been designed to simplify the deployment of smart contracts, which significantly reduces user-related time and cost.
DocTailor has been developed by a team experienced with blockchain, trying to take advantage of breakthrough technology in a new and revolutionary way. Many team developers have joined DocTailor from artificial intelligence backgrounds (AI), who work to further develop the idea through AI-focused systems.
The DocTailor platform will allow all users, regardless of the developer experience, to apply legal documents with integrated smart contract features. The purpose of the technology is to create a new ecosystem designed to show ways in which the progress of blockchain can be used in the legal industry.
The creation of intelligent legal documents is currently a challenge for many organizations and individuals, especially for those with limited development experience. This concept has been criticized for being expensive and time-consuming. DocTailor aims to address that issue.
THE PROBLEM
Blockchain technology remains a relatively new and undiscovered concept; a fact which, in part, is responsible for the current low adoption rate that has been witnessed. Many businesses and consumers are still not fully involved in the idea, and blockchain has become a controversial topic, although there are many tangible benefits that this kind of technology offers.
However, some areas of blockchain are more acceptable than others. For example, research shows that the idea of storing personal data on blockchain is still years away from widespread adoption, with many believing it takes about 10 years for this practice to become mainstream. However, the public is somewhat open-minded about smart contracts being blocked, with this technological calculation estimated to be the main practice within 5 years.
The main concern is that to get the value of blockchain technology, significant changes or complete overhaul are often required on existing ‘test and test’ systems. In order for blockchain to be a part of everyday life, problems need to be identified and addressed, with appropriate solutions applied.
THE SOLUTION
DocTailor has been introduced as a viable long-term solution to the problems that hinder the widespread adoption of blockchain technology. Focuses on weaknesses of existing smart contract apps — user experience — DocTailor allows easy access to contracts with blockchain, cryptocurrency, and smart.
This platform will support third-party API integration, enabling smart contracts tailored for inclusion into third-party systems. The idea is simple: it is easy and easy for businesses to create and implement smart contracts while benefiting from the cryptocurrency economy.
DocTailor aims to:
- Improve the accessibility of smart contracts that are customized
- Enhance ease of development of smart contracts, acquisitions, and distribution
- Offer easy payment options, save crypto and fiat money
- Facilitate the use of other DocTailor and/or crypto DOCS tokens
- Operate on P2P, B2C, and B2B as needed
- Integrate with the business infrastructure to deliver value to real-world situations
- Manage and monitor smart contracts and deployed obstacles
BENEFITS OF DocTailor FEATURES;
Clause Selection — Users are able to select from an unlimited database of carefully formulated clauses that have been created by legal professionals from various industries.
Merging Clauses — Selected clauses can be merged into existing document templates to alter and create unique tailor-made contracts, agreements or documents.
Document Structuring — Legal documents, agreements and contracts that require tailor-made structuring can be created in short time depending on the context of the document required.
Document Formatting — Documents created on the platform can be downloaded in a variety of formats for external use. Those formats include Word, HTML, XML and PDF.
BlockChain — All documents templates and structures have been checked over before being uploaded to the platform for the use of platform users. The templates are also held on the blockchain to maintain clarity and transparency.
Tracking — Alerts are produced and sent to authors of the document to keep them updated.
Contract/Document Management — All documents, contracts and agreements created by users of the platform can be stored and managed online.
Smart Contracts — Users are presented with automated solutions to facilitate, verify, or enforce the negotiation or performance of a contract or agreement.
Authentication & Signing — The platform allows users to monitor the recipient’s participation where a document, contract or agreement needs a digital/electronic signature or any other form of authorization by a counterparty.
TOKEN & TOKEN SALE
DOCT is the DocTailor token symbol, DOCT token gives users access to create intelligent legal documents created on the DocTailor platform. Each token provides users with “DocTime” which can be used to create contracts, deals for use in over 100 different industries.
Each token used on the platform is not a fiat currency, adding extra time to the user’s account. User Token is given a bonus; in the form of access to exclusive document templates and features free time.
Number of Tokens Sale
Number of Tokens Sale is 500.000.000 DOCT , where:
- 300M will be available in the token sale.
- 50 million is reserved for ICO bonus.
- 100M detained by DocTailor.
- 50 million is reserved for early users at PRESALE Ethereum ERC20
- Purchase method accepted: BTC and ETH (1ETH = 2700 DOCT tokens)
For More Information, Please Visit:
Website: https://www.doctailor.com/
Telegram: https://t.me/joinchat/GZaHXQ-Bbr7xnrNmjX4zIA
Facebook: https://www.facebook.com/doctailor/
Twitter: https://twitter.com/DocumentTailor
Linkedin: https://www.linkedin.com/company/doctailor/
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Author: Yusuf Jay