Updated token sale details:
Jurisdiction:
United Kingdom
Category
Legal Technology
www
legalmachinery.com or
http://www.legalmachinery.comWhitepaper
https://legalmachinery.000webhostapp.com/stahnout/masek_zdenek_parsable_law_draft_november_2017.pdfFacebook
https://www.facebook.com/groups/1500296506956967LinkedIn
https://www.linkedin.com/in/bob-masek-93ba30103/Bitcointalk
https://bitcointalksearch.org/topic/m.24228366GitHub
https://github.com/plauthor/parsable_lawReddit
https://www.reddit.com/r/icocrypto/comments/77n0e3/parsable_law/logo
https://legalmachinery.000webhostapp.com/obrazky/parsable_law_logo.pngDescription
A framework for conversion of human laws into a computer parsable form that will enable mass collaboration in creating a library of reusable code snippets for usage in automated legal assessment.
Features
- Utilizes PlantUML, a widely supported open source language for legal code snippets
- Implemented on a hashgraph basis for high speed execution
- Enables both open source and proprietary licensing for community sharing and commercial exploitation
Similar projects
The Estrella Project, OWL2
Start ICO
01/12/2017
End ICO
31/12/2017
Tokens distribution
The total number of tokens will be sold on a par with the number of bitcoins received. On top of that the developers will hold 15 percent of tokens.
Token Sales
Tokens will be sold on a par with bitcoin. There is no minimum sale requirement as the project will be realized notwithstanding the sale results. Pre-sale buyers may expect individualized discounts above the rate of open sale buyers, who will, however, enjoy both volume and time based discounts based on industry practice as well. Details will be published at the project's website legalmachinery.com in due course.
The project is not dependent on a token sale target.
Dividends
The tokens will not yield any dividend.
Escrow / smart contract
These possibilities are being considered.
Bounty campaign
Affiliate incentives are being considered.
The token will be distributed from 01/02/2018
Presale buyers will enjoy individualized discounts.
Accepts
BTC
By law the business is not subject to audit.
Technical details
The proposed framework enables processing of law at any level of detail, depending on whether snippets evaluating legal provisions at the lowest elementary level are available. As the code syntax is rather trivial, any lawyer can design new snippets as and when required and contribute them to the public collection, amend existing ones, or simply keep them for her own usage.
The code snippets may contain a more or less elementary piece of law, be it any source of law or any rule outside the legal realm. A collection of snippets forms a library of legal knowledge for further conversion into programming languages.
For study purposes and usage outside regulated legal application the snippets can be open source and perhaps be attributed a credibility score based on public consensus. That credibility would be reflected in probability of accuracy of legal conclusions made by a system based on such snippets. Snippets intended for use in official legal expert systems, however, would need to be endorsed by their issuer and carry a cryptographic signature to guarantee their integrity; so would need executable modules derived from them, to guarantee the authenticity of the legal provisions codified in them and also for the purposes of identifying them among a huge number of other similar snippets. Further, a suitable mechanism for their fast automated "on the fly" verifying needs to be implemented. The distributed ledger technology appears to be an optimal solution here.
The snippets would enable the gargantuan task of gradual creation of a near complete library of the world's laws and updating it in a piecemeal manner. With a wider popular support, the UML would become a general standard in parsable law and expert system providers would be able to design more advanced products based on that library. Existing expert systems could import snippets in order to extend their own legal knowledge libraries.
As soon as artificial intelligence advances to the point that it can reliably extract legal principles from human readable sources of law, it will also be able to process the snippets as well. And in fact most likely even sooner as they embed structured legal knowledge in a contemporary computer readable form.
The source code
The framework utilizes PlantUML (plantuml.com), an open source language for expression of the UML. Cryptographic features will be implemented in hashgraph and will be made open source for community purposes. There is a Github repository set up for that purpose. For commercial exploitation, however, the relevant branch of the project may be limited to proprietary basis by hashgraph licensing policies.
Address for token sale:
Bitcoin: 1AebWC8Uz7oKTEPzXVRW2mwxNYPepaq7pf
-----BEGIN BITCOIN SIGNED MESSAGE-----
This is Zdenek Masek at legalmachinery.com on the 10th of November 2017 at 15:25 GMT writing to confirm Bitcoin adresses for transfers to the Parsable Law project.
The following Bitcoin address
1AebWC8Uz7oKTEPzXVRW2mwxNYPepaq7pf
is only for payments for the token sale.
The following Bitcoin address
14zMvJxYr2CZ7QHD95buXgPsrTLbqQ5awp
is only for donations to the project. If the donor agrees to be credited for their donation we will be happy to do so.
The following Bitcoin address
1EiNqAfW4XnsxKBHVtSGZZ3QDtDpb9Qm1X
is only for offerings to express interest to participate in a future presale of the project's tokens on a par with individualized discount buyers.
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