The two worldwide famous enterprises, namely an Estonian legal startup Agrello and Blockchain Development Corp ViewFin have recently declared their partnership on Digital Identity Implementation, that can be surely related to “smart agreements”.
The most strategically important reasons of their software success are following:
- no coding or legal skills required
- easy to set up
- automated engine
- legally binding agreements
During the “Blockchain and Finance Conference” (BFC2017) Allegro announced that they were going to use an unique technology and graphical interface to develop a shared digital identity engine.
Among key reasons for their choice to develop on Ethereum, Hando Rand, Agrello CEO listed several such as
-the maturity of the Ethereum ecosystem
-the continuous efforts by the Ethereum Foundation to overcome regulatory hurdles
According to the announcement on their unexpected clever agreement, Agrello will release an Ethereum-based token in its upcoming ICO but they are also going to remain compatible with other blockchain environments, namely Metaverse, Antshares, Lisk, Qtum, RSK, Ethereum Classic and NEM at last but not least.
Thus, the optimised system for the Ethereum ecosystem by Allegro will definitely be a success.