New smart standard for legally binding contracting

Contractual relationships have remained mostly unchanged for hundreds of years. At Agrello we believe that everyone should be able to negotiate and execute legal contracts just using their smartphone

See below for our full solution
agrello-ecosystem

Agrello digital ecosystem

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Digital Identity

Digital Identity

Create a reusable verified virtual avatar of yourself to represent the physical you on the internet

Virtual avatar is equal to presenting your passport face-to-face, meaning you can use any service without in person meetings wherever you are across the globe.

Electronic Signature

Electronic Signature

Formalize and sign agreements with a few clicks

No paperwork, no physical mail - completely secure, immutable, and legally binding. Sign any document type using only your smartphone

Δ Contracts

Contracts

Digitize and secure your contracts with state of the art blockchain technology

Monitor your contract’s state, automate obligations and payments and reduce legal expenses. All information in one place. Automated contract execution. Keep an eye on the state of your contract. Never forget an obligation. Stay on track with deadlines

Internet Of Things

Internet Of Things

Agrello integrates 3rd party APIs, such as utilities providers and payment gateways which will be linked to your contracts.

Through this the intelligent software agent based contract system can monitor the performance of obligations and rights within the contract. You don’t have to contact the other party either, since the contract agent can execute the tasks instead of you. Minimizing human resources needed for any contract lifecycle.

Financial Services

Financial Services

Agrello provides digital identity and digital signature services, tailor made for highly regulated industries such as the financial service industry

Identify your customer, formalize agreements, and sign them online in seconds - considerably reducing labor costs and overhead. Identify person online, reduce labor cost. Improve user onboarding process.

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Financial services payday loan

  • 1.
    Potential debtor logs in financial service platform
  • 2.
    Potential debtor selects financial product
  • 3.
    Potential debtor has to create a virtual identity
  • 4.
    Potential debtor clicks on “get identified/KYC” button on creditors page
  • 5.
    Creditors page opens up white labeled Agrello KYC page
  • 6.
    Debtor can choose to proceed via smartphone or browser
  • 7.
    Debtor creates Agrello ID (creates a 4 and 6 digit code one for logging in one for signing)
  • 8.
    Creditor receives a notification in their CRM system that a person has created an Agrello ID and is in product selection
  • 9.
    Debtor finalises choice and receives a contract(automatically signed by creditor) overview with important parts highlighted by Agrello contract system
  • 10.
    Debtor signs agreement with Agrello ID making it legally binding
  • 11.
    Debtor can choose to pay automatically every month via Agrello contract (IoT integrated)
  • 12.
    Both debtor and creditor receive notifications when important events are triggered
Accommodation

Accommodation

Agrello provides the means to sign legally binding rental agreements with verified users using your smartphone

Agrello AI powered smart contracts will execute obligations on your behalf and notify you of important events such as monthly payment, contract breaches and late payments. Keep all your digital contracts in one place and have an overview of your property status.

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Accomodation use-case

Precondition 1: both Lessor / Lessee have Agrello ID *
Precondition 2: Lessor has created an advert with details showing features and restrictions in apartment *
  • 1.
    Lessee finds accomodation on a rental platform
  • 2.
    Lessee contacts lessor to get details to move into chosen accommodation
  • 3.
    Lessor provides lessee a signed rental agreement (precondition 2, which was automatically filled with information such as: size, features, furniture, Wi-Fi etc when he fulfilled precondition 1)
  • 4.
    Lessee gets a notification on Agrello ID mobile application that lessor has sent a rental contract
  • 5.
    Lessee opens Agrello mobile application and receives important information from the contract regarding rights, obligations
  • 6.
    Lessee agrees to the conditions met in the contract
  • 7.
    Lessee clicks on “Sign” within Agrello ID application and contract will be automatically filled in with lessee information
  • 8.
    Agrello ID application prompts to enter a 6 digit signature code by lessee
  • 9.
    Lessor receives signed contract copy which will go under “contracts” tab in Agrello ID application (all contracts are there as an overview). He can also check the contract and signature hash from blockchain
  • 10.
    Lessee is shown first that a payment of deposit is required before transfer of possession act can happen
  • 11.
    Agrello ID application serves as a payment gateway (PayPal, Credit card)
  • 12.
    Lessor receives notification of payment and receives a notification that he has an obligation for ToPA
  • 13.
    Lessee receives keys to property
  • 14.
    Lessee can setup an automatic monthly payment via Agrello or receive in advance notifications that payment date is closing
  • 15.
    Lessor receives notifications about payments or contract breaches (late payments)

From the Press

Roger Aitken | SEP 1, 2018

'I Fought The Law' & Blockchain Won: Smart Contracts

Tamar Menteshashvili | MAY 21, 2018

AI Can Help Us Understand How to Make Better Contracts

NewsBTC | MAY 13, 2018

Smart Contracts: The Best Way to Make a Deal