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HomeCOINSWhat Is Law Blocks(LBT)? Complete Guide & Review About...

What Is Law Blocks(LBT)? Complete Guide & Review About Law Blocks

What Is Law Blocks(LBT)?

Law Blocks is a user-friendly, time saving and community-driven truly smart truly legal contract-based platform for creating legal documents (on blockchain technology) such as Agreements, Power of Attorney, Business Contracts, Declarations, Affidavits, Memorandum of Understanding, etc. subject to yourselves following the prevalent laws in the country in which it has to be acted upon and subject to yourselves following the process of ensuring the validity of those documents in accordance with law, which is cryptographically signed by each party thereby acknowledging their covenants.

Law Blocks Storage Key Points

Coin BasicInformation
Coin NameLaw Blocks
Short NameLBT
Max Supply1,000,000,000
Total Supply1,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

How does “Law Blocks” work?

We’re formulating the platform to facilitate the making of template-based contracts, painless, effective, and cost-efficient across the globe. They makes it easy to create legal binding contracts and storing such contracts that is driven by ecosystem supported by XRC-20 utility token. We’re putting the contracts for clients at the center of process, an experience that is transparent and reliable, while maintaining privacy and confidentiality in an automated contract.

As at times there are future obligations in a smart contract, where the contract has to sustain over a period of time, payments have to be delivered, trade obligations have to be fulfilled, funds has to be delivered, along with interest payments done in future, which is time bound and more and further obligations to be complied with and managed. The law blocks technology using blockchain and smart contracts based automation is the solution.

Law Blocks A Legal Tech Community

Law Blocks Creates your Smart Legal Contracts using Blockchain Technology. They Token (LBT) is an XRC-20 utility token that powers Eco System through XDC Blockchain Network.

Law Blocks

Law Blocks is a one window blockchain-based ecosystem for creating, keeping records of contracts, and solving disputes providing unbiased, swift & affordable resolutions through arbitration.

Law Blocks A Legal Tech Community

They Creates your Smart Legal Contracts using Blockchain Technology. The Token (LBT) is an XRC-20 utility token that powers Eco System through XDC Blockchain Network.

Dispute Resolution

Easy and Affordable Resolution

If disputes arises, it can be resolved by

  • Free legal aid (by law blocks team) Mediation and Arbitration
  • Community voting democratically
  • Mediation and/or Arbitration for resolving disputes (Legal Experts)
  • Arbitration courts/Arbitration and Resolution Center through visual means

Create your Legal Contracts

Create your Smart legal contracts from scratch and/or choose from a list of templates drafted by Legal Team.

Law Blocks Features

The creates your smart legal contracts In just three steps, Law Blocks Coin solves disputes through arbitration online.

Smart Legal Contracts

CREATE

Choose a customizable template or start composing a unique contract of your own from scratch, apart from yourselves accepting the necessary clauses that facilitates the Blockchain Technology and Dispute Resolution mechanism

COMPOSE

Insert clauses and send notifications to the other party to agree on individual clauses.

DIGITAL SIGNATURE

Digitally pay and sign with the other party to activate your contract.

DISPUTES

Connect and choose Law Blocks for your dispute resolution.

CHOOSE DISPUTE RESOLUTION

Open and manage your dispute completely online with community & court layer.

MEDIATION

Law Blocks resolves conflict through the use of communication and negotiation techniques.

ARBITRATION

Agree with your Opposite part to trigger self-executing contract and resolve your disagreement with arbitration in an easy and affordable way

Ecosystem Partner

The extended ecosystem combines legal technology and business capabilities through a powerful ecosystem of market leaders and innovators.

Bixer Simond
Bixer Simond
Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things
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