The future of contracts

For the past 200 years, contracts haven’t really changed. Yes, we did evolve from using ink and parchment to typewriters and then word processing software but that was just the form of documentation. The actual wording and composition of contracts have remained pretty much the same. The future of contracts looks quite different! Imagine a bank loan agreement that automatically verifies whether the borrower maintains its required loan ratios. Or imagine a trademark license that automatically files a trademark renewal upon expiration. Or imagine the sale of

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