The Internet of Agreements [“IoA”] is the next wave of digital commerce, built on legally enforceable smart contracts. Beginning in the 1970s, the internet has enabled us to share ideas and information. Since the 1990s, it has enabled us to make payments and conduct commerce. The next phase is to enable more complex agreements.
Promises, obligations, entitlements, options, licenses, and ownership can all be brought online, bringing the digital revolution to areas of the economy untouched by e-commerce. As the web has accelerated the spread of ideas, and e-commerce has changed how we buy and sell, IoA will give us new ways to specify, manage and execute agreements between people, businesses and governments.
Mattereum is the first platform wholly dedicated to the construction of a global IoA. It uses secure blockchain technologies that offer reliable and enforceable processing of all forms of written agreement whether related to creative rights, property, human resources, trade relations or the myriad of other agreements necessary for commerce and investment.
Resources for Further Information
From October 13th to October 16th, 2017, there will be a major Internet of Agreements Conference in London. This will be a significant opportunity to learn more about how the Internet of Agreements will affect global supply chains and logistics and how blockchain technologies will help integrate local laws and regulations across the global economy.
For more general information on the Internet of Agreements, there is a special website with a range of resources and further information. If you are new to the concept, we recommend the introductory paper produced by Vinay Gupta, in collaboration with Consensys LLC, for the World Government Summit in Dubai.
The thinking on how the Internet of Agreements and other related technologies will develop is continuous and fast-moving. Mattereum also recommends the Hexayurt Capital blog Humanizing the Singularity which contains some of the latest ideas on the technological and social environment in which globalisation 2.0 is taking place.