Method and System for Creating and Managing a Smart Contract on a Distributed Ledger
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United States of America
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Jun 26, 2018
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Jun 26, 2018
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Abstract
The invention relates to a system and method for creating and managing smart contracts on a blockchain. More specifically, the invention relates to a method and system that provides a set of tools for users to create, monitor, manage, modify, terminate, trigger disputes, communicate with contracting parties, and if necessary resolve a dispute over a smart contract. Additionally, the system also records and manages contract history documents and records them with the smart contract such that if there are disputes that need to be handled, the system can provide the parties and third parties with an complete set of contract documents including historical contract documents to aid in the resolution of the dispute.
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