Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Agrello selects Qtum blockchain platform for AI-powered smart contract interface

Estonia-based Agrello, that makes machine readable contracts on the blockchain, announced that it has selected the Qtum blockchain as its choice of infrastructure for AI-powered smart contract interface.

According to the official press release, the announcement by Agrello to base its technology on Qtum was announced in Shanghai, at Qtum Blockchain meet up event. Agrello has been developing an intuitive AI-powered interface that allows users with no legal or coding skills to easily build, manage, and automate legally binding smart agreements. These are either stored as smart contracts on the blockchain or translated to
legally biding documents in natural English.

“We’ve been searching for over a year to find a blockchain platform that would fit our needs. Qtum allows us to build a mobile-compatible and scalable smart contract solution and hence is our technology of choice,” Hando Rand, Agrello Project Lead, and co-founder, stated.

The AI smart contract interface of Agrello corresponds with Qtum’s Smart Contract Lifecycle Management solution that proposes an intuitive workflow to derive smart contract code from human-readable agreements and manage them in real time.

Individuals and businesses use Agrello’s solution to use smart contracts as a substitute and enhancement to standard paper contracts. Blockchain project Qtum raised $15.6 million in one of the industry’s fastest token crowd-sales to date, recently. The company seeks to open its platform for public use in Q3 this year.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

June 23 14:30 UTC Released

USECRI Weekly Annualized*

Actual

3.4 %

Forecast

Previous

3.7 %

June 23 14:30 UTC Released

USECRI Weekly Index*

Actual

143.7 %

Forecast

Previous

144.0 %

June 26 08:00 UTC 21102110m

GBIfo Expectations*

Actual

Forecast

Previous

106.5 k

June 26 08:00 UTC 21102110m

DEIfo Business Climate*

Actual

Forecast

114.4 bln BRL

Previous

114.6 bln BRL

June 26 08:00 UTC 21102110m

DEIfo Expectations*

Actual

Forecast

106.4 %

Previous

106.5 %

June 26 08:00 UTC 21102110m

DEIfo Current Conditions*

Actual

Forecast

123.3 mln

Previous

123.2 mln

June 26 08:30 UTC 21402140m

GBIfo Expectations*

Actual

Forecast

Previous

40.750 k

June 26 08:30 UTC 21402140m

BRBBA Mortgage Approvals

Actual

Forecast

Previous

40.750 k

June 26 11:00 UTC 22902290m

BRBBA Mortgage Approvals

Actual

Forecast

Previous

84.2 k

June 26 11:00 UTC 22902290m

RUFGV Consumer Conf*

Actual

Forecast

Previous

84.2 %

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.