Blockchain Smart Contracts Startup Selected By BNP Paribas Accelerator
CommonAccord, a blockchain-based startup for legal documentation, is one of eight startups selected for BNP Paribas' new FinTech accelerator, L’Atelier. CommonAccord’s goal is to create global codes for transferring legal documents like contracts, consents and permits. The startup wants to develop a distributed network of participants that synchronizes files with each other, using blockchain, GitHub or email transfer. According to CommonAccord, however, blockchain is particularly important for it’s ability to automate routine functions using smart contracts and provide an immutable ledger....
Related News
Business accelerators all over the world are always looking for the next big thing in technology and finance. It only makes sense to see these accelerators keeping an eye out for companies exploring blockchain technology. Or in the case of BNP Paribas, they are looking at one startup in particular – called CommonAccord – which aims to bring automated....
The complex and fragmented legal arena could use some standardization, at least according to 35-year veteran lawyer, Jim Hazard, the founder of blockchain smart contracts startup, CommonAccord. CommonAccord, which was recently selected by BNP Paribas' new FinTech accelerator, L’Atelier, is developing global text codes for transferring legal documents via distributed ledgers. The idea first came about in the 1990s when Hazard was trying to automate legal processes using Microsoft Word during the development of Linux, one of the most prominent examples of free and open source software....
The Algorand Foundation introduced its Europe Accelerator program in October 2020. Now, 11 startups have been selected as part of the inaugural cohort. The Algorand Foundation, the research body behind smart contract protocol Algorand, has selected 11 startups for its inaugural accelerator program, a move that could enhance innovation on the emerging blockchain network.The 11 startups selected by Algorand Europe Accelerator are focused on payments and lending, infrastructure, network solutions and the Internet of Things. The accelerator program runs for 12 weeks, from Feb. 1 until late....
The Singapore banking industry is hot for fintech and blockchain technology. The United Overseas Bank (UOB) recently had its accelerator program FinLab on August 3, which included participating in financial technology solutions and “smart contracts as a service.” Singapore Bank Mentors a Blockchain-Based Smart Contract Project. The Singaporean....
The Singapore banking establishment is keen to implement FinTech and blockchain innovations after the launch of its accelerator program, FinLab, earlier this month. On August 3, the Singaporean banking society, the United Overseas Bank (UOB) held its first accelerator program that focused on technology solutions for the financial sector and smart contracts. Nine startups that took part: Attores, CardUp, FinMitra, FinReg, Nickel, SsinoConnect, Stock2Day, Tuple, and Turnkey Lender. According to Singapore news outlet, The Straits Times, startup Attores is working toward building a blockchain....