Introducing computational contracts, with Martin Clausen of Syngrato (HyperContracts) Legaltech Arcade
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- Technology
In this episode, I talk to Martin Clausen, CEO of Syngrato about the exciting rise of computational contracts and his new product, HyperContracts. We discuss what computational contracts are, the benefits of building computational models of commercial relationships, simulating outcomes before and after execution, how version control works when dealing with computational contracts, why applying a coding mindset to contract drafting can improve quality and decrease risk, and why they are different from smart contracts!
Topics of discussion
The origins of HyperContracts
What computational contracts are and their benefits
Contract-as-a-service
Computational contracts for government framework agreements
Using event flows to run contractual simulations
How a contract can answer questions about itself
Contractual debugging and QA
Versioning and source control for computational contracts
How to get started with computational contracts
In this episode, I talk to Martin Clausen, CEO of Syngrato about the exciting rise of computational contracts and his new product, HyperContracts. We discuss what computational contracts are, the benefits of building computational models of commercial relationships, simulating outcomes before and after execution, how version control works when dealing with computational contracts, why applying a coding mindset to contract drafting can improve quality and decrease risk, and why they are different from smart contracts!
Topics of discussion
The origins of HyperContracts
What computational contracts are and their benefits
Contract-as-a-service
Computational contracts for government framework agreements
Using event flows to run contractual simulations
How a contract can answer questions about itself
Contractual debugging and QA
Versioning and source control for computational contracts
How to get started with computational contracts
1 hr 5 min