- Instead of hiring a lawyer, a mother who did not receive a child support payment could file a grievance on the blockchain
Using blockchain technology that underpins the cryptocurrency Ethereum (a bitcoin alternative), and merging it with contracts written by lawyers, users would be able to initiate and complete legal matters entirely through the service.
- Here’s how it might work: instead of hiring a lawyer, a mother who did not receive a child support payment could file a grievance on the blockchain, which would automatically notify the father, and begin generating the necessary paperwork for a court case.
- Read More: Ethereum’s Boy King Is Thinking About Giving Up the Mantle
StonePaper will be providing open source code for contracts that it recommends people use.
- And since electronic contracts are governed by the same laws as paper ones, you need a lawyer to do something complicated,” explained Rappard.
- Rappard said that while the DAO hack caused a lot of problems for smart contracts, StonePaper would not be vulnerable to similar hacks.
StonePaper lets users complete legal matters over the blockchain, instead of hiring a lawyer.
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