Blockchain in Legal Industry improves approval waiting time and resources for patents & trademarks handling and creates a record of peer-to-peer transactions without the need for a trusted authority. 40% of legal departments utilize automated contract management tools and tamper-proof and legally unassailable agreements based on smart contract technology.

1. https://www.ifourtechnolab.com/legal-custom-software-development

2. USE CASES IN: LEGAL INDUSTRY
https://www.ifourtechnolab.com/legal-custom-software-development

3. Blockchain in Legal Industry
Improves approval waiting time and resources for patents and trademarks handling
40% of legal departments utilize automated contract management tools
Creates a record of peer-to-peer transactions without the need for a trusted authority
Tamper-proof and legally unassailable agreements based on smart contract technology
USE CASES IN: LEGAL INDUSTRY
https://www.ifourtechnolab.com/legal-custom-software-development

4. Blockchain in Legal Industry
Improves approval waiting time and resources for patents and trademarks handling
40% of legal departments utilize automated contract management tools
Creates a record of peer-to-peer transactions without the need for a trusted authority
Tamper-proof and legally unassailable agreements based on smart contract technology
USE CASES IN: LEGAL INDUSTRY
Blockchain technology could also reduce the cost of notary services, FOIA requests, and corporate filings
Cut down significantly on the number of legal disputes clogging courts and raising lawyer fees for innocent parties
Immediate Funds payments and transfers without the need for intermediary financial institutions
https://www.ifourtechnolab.com/legal-custom-software-development

5. Records created by blockchain could be shared among all the players in the system, from law enforcement officers to
parole officers
Initiatives:
United Kingdom is poised to take the lead in taking a criminal justice system into the next generation
Use Case 1: Legal Records Management & Retrieval
Benefits:
The public would have greater access to information
Permissions to view records can be set at various levels
An auditable trail of amendments to the documents would be created
Interested parties could receive updates instantaneously
Record keeping would be greatly enhanced
USE CASES IN: LEGAL INDUSTRY
https://www.ifourtechnolab.com/legal-custom-software-development

6. Records created by blockchain could be shared among all the players in the system, from law enforcement officers to
parole officers
Initiatives:
Use Case 1: Legal Records Management & Retrieval
Benefits:
The public would have greater access to information
Permissions to view records can be set at various levels
An auditable trail of amendments to the documents would be created
Interested parties could receive updates instantaneously
Record keeping would be greatly enhanced
USE CASES IN: LEGAL INDUSTRY
Protecting intellectual property in the digital age, including images, audio, video files, designs and symbols
Benefits:
The blockchain is redefining automation, security and contractual agreements
Blockchain binding the legal documents of user like: Signing authority, Lawyers, and Parties
Minimize fraud & mistaken identities by tracking data like: birth, death, marital status & criminal activity
The data is less likely to be breached and landowners could easily manage and transfer rights
Initiatives:
NKOR - Promise to have a platform for registering intellectual property and ‘anchoring’ it to the blockchain
Use Case 2: Digital Intellectual Property
https://www.ifourtechnolab.com/legal-custom-software-development

7. USE CASES IN: LEGAL INDUSTRY
Protecting intellectual property in the digital age, including images, audio, video files, designs and symbols
Benefits:
The blockchain is redefining automation, security and contractual agreements
Blockchain binding the legal documents of user like: Signing authority, Lawyers, and Parties
Minimize fraud & mistaken identities by tracking data like: birth, death, marital status & criminal activity
The data is less likely to be breached and landowners could easily manage and transfer rights
Initiatives:
NKOR - promise to have a platform for registering intellectual property and ‘anchoring’ it to the blockchain
Use Case 2: Digital Intellectual Proper
The blockchain can serve as a capable, decentralized guarantor of critical proprietary proof and related details
Benefits:
Eliminating the need for the rubber stamp of today’s notary public
Documents can be preserved digitally as part of a digital ledger
Blockchain serve the need for document authentication
Blockchain capable of making notary services more easily accessible and affordable
Initiatives:
Blocknotary - Apply blockchain technology to legal documents, and offers “timestamps and fingerprints for media files
Use Case 3: Notary Services
https://www.ifourtechnolab.com/legal-custom-software-development

8. USE CASES IN: LEGAL INDUSTRY
The blockchain can serve as a capable, decentralized guarantor of critical proprietary proof and related details
Benefits:
Eliminating the need for the rubber stamp of today’s notary public
Documents can be preserved digitally as part of a digital ledger
Blockchain serve the need for document authentication
Blockchain capable of making notary services more easily accessible and affordable
Initiatives:
Blocknotary - Apply blockchain technology to legal documents, and offers “timestamps and fingerprints for media files
Use Case 3: Notary ServicesUse Case 4: Corporate Filings
Blockchain technology make incorporation processes even more cost-effective and easy to access
Benefits:
Data on a blockchain is more accurate, consistent and transparent
Encrypted and linked to the previous transaction
Lower the cost of corporate filing
Transactions can be completed faster and more efficiently
Historical transaction data can help to verify the authenticity of assets and prevent fraud
Initiatives:
Delaware - Taking a broader approach to solving the issues that face many corporations using the blockchain
https://www.ifourtechnolab.com/legal-custom-software-development

9. USE CASES IN: LEGAL INDUSTRY
Use Case 4: Corporate Filings
Blockchain technology make incorporation processes even more cost-effective and easy to access
Benefits:
Data on a blockchain is more accurate, consistent and transparent
Encrypted and linked to the previous transaction
Lower the cost of corporate filing
Transactions can be completed faster and more efficiently
Historical transaction data can help to verify the authenticity of assets and prevent fraud
Initiatives:
Delaware - Taking a broader approach to solving the issues that face many corporations using the blockchain
Use Case 5: Smart Contract Regulation
Potentially be created and executed directly between the relevant parties, with less lawyer involvement
Benefits:
Intermediary services of contract implementation, including brokers and agents, are no longer needed
Smart contracts enable the “go-green” movement
Eliminate the need for a vast chain of middlemen
Your details are permanently stored for future records
Automated contracts use the highest level of data encryption
Initiatives:
In 2017, Arizona became the first state to recognize signatures issued on smart contracts as a legally binding agreement
https://www.ifourtechnolab.com/legal-custom-software-development

10. What we offer?
Custom Blockchain mobile and software
Blockchain Consulting
Cryptocurrency (ICO)
USE CASES IN: LEGAL INDUSTRY
https://www.ifourtechnolab.com/legal-custom-software-development

11. What we offer?
Custom Blockchain mobile and
software
Blockchain Consulting
Cryptocurrency (ICO)
DApp Development
Hyperledger Service
Smart Contract Development
USE CASES IN: LEGAL INDUSTRY
https://www.ifourtechnolab.com/legal-custom-software-development

12. Contact Us
info@ifourtechnolab.com
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USE CASES IN: LEGAL INDUSTRY
https://www.ifourtechnolab.com/legal-custom-software-development