milestoneBased

A decentralized peer to peer work contract or payroll decentralized application. There are currently two kinds of pacts that can be made using ChainPact - Gig pact and Proposal Pact. Gig Pact enables anyone to create a freelancing agreement or employment contract on the blockchain. This is a time based contract, where the employer pays the agreed upon payment at agreed upon intervals. The contract acts as an escrow smart contract for the payment. Further, a fundraiser or a kickstarter type campaign on blockchain can be created using the Proposal pact smart contract. It allows the creator to specify a certain voting start time and duration. So contributors can vote at a later date whether to disburse the collected funds to the creator's chosen account or somewhere else (like refunded back to the contributors)

Our Contract Performance Platform extracts commercial terms and transforms them into verified data that drives business performance. Contract Wrangler provides visibility into all of your contract terms and turns it into insights that impact cash flows and productivity. See what’s been agreed to, analyze its effect on your business, and have a self-maintaining database that you don’t have to worry about. A.I. extraction of every date-driven event and relevant term, verified by our attorneys so you don’t have to. Unlimited access to a searchable and complete database of contract data, insights, and upcoming milestones. Native integrations to fuel enterprise workflows and update peer systems of record. Distill complex contract data into an easy-to-use dashboard with date-driven events, milestones and obligations. Get proactive alerts before any key event, like the auto-renewal of a vendor contract you no longer want to pay for.