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Cmacc Transact For the digital transformation of the legal world Automated contracts: Ricardian contracts – concept introduced in 1996 by Ian Griggs (now Architect at R3) Paramètr es Texte Code Contracts that can be read both by humans and by machines Open S ource Language for contracts extract parameters Identify processes that can be automated Smart Contracts automate execution create , manage contra cts

Cmacc Transact value infra - one slide - EN

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Page 1: Cmacc Transact value infra - one slide - EN

Cmacc TransactFor the digital transformation of the legal world

Automated contracts: Ricardian contracts – concept

introduced in 1996 by Ian Griggs (now Architect at R3)

Paramètres

Texte Code

Contracts that can be read both by humans and by

machines

Open Source Language

for contracts

extract parameters

Identify processes that can be automated

Smart Contractsautomateexecution

create,managecontracts