DocTailor disrupts tailor-made legal document landscape with the creation and introduction of its blockchain-powered self-customized legal smart contract platform. The platform is specifically crafted for legal professionals, organizations and individuals to allow them to create and send legal tailor-made smart contracts as well as agreements on the blockchain irrespective of their experience.
With this ecosystem, the company not just simplifies the execution of a smart contract, but it also brings considerable reduction in the cost and time for users. Created by a blockchain-experienced team, DocTailor exploits the characteristics of the groundbreaking technology in a new and revolutionary ways. Thus, leveraging the advantage of blockchain technology, the platform boosts, innovates and disrupts the existing tailor-made legal document landscape.
That apart, DocTailor comes integrated with an ‘intelligent clause’ feature that users can use to automatically identify and highlight sections of a document, contract, or any other form of agreement that may require modifications to satiate the pre-defined objective. The users are also allowed to modify, replace or eliminate clauses as mandatory to create a distinct, customized, tailor-made smart contract.
Exploiting blockchain technology, DocTailor aims at focusing on user experience by ascertaining that while contracts are easy to amend, documents still requires the permission of a higher authority if they need to be changed and updated. The technology also helps in maintaining consistency in the form of clause clarity and accuracy of wording, to ascertain that the legal document structure stay untouched throughout.