What is a Smart Contract?
Smart contract Simply put, smart contracts are computer programs or protocols for automated transactions that are stored on a blockchain. What is a Smart Contract? A lot has been said…
Agreement vs Contract: What’s the Difference?
What is an Agreement? Every contract is an agreement but not every agreement is a contract. We come across agreements and contracts on a daily basis. Most of the time…
The World is Stuck in Dumb Contracts
Smart contract Not only in business, but also for individuals, life seems almost impossible without entering into contracts with other individuals or businesses. No business can survive without creating agreements…
Legal Contract Definition: What is a Legal Contract?
What is Contract Definition? In simple terms, a ‘legally enforceable promise/agreement’ between two parties either in written or verbal is a contract. The terms of a contract are enforceable by…
How to create an NDA with a Vendor/Service Provider? (Vendor Confidentiality Agreement)
Vendor NDA This document helps establish protection of company’s confidential information from being shared or misused by the vendor beyond the scope of engagement. A company has to engage with…
Why Choose Legitt for Smart Contracts?
There are huge unsolved problems around creating, managing and tracking contracts resulting in millions of man-hours of effort lost as well as billions of dollars of economic loss. Why Legitt?…