Raadyx: Cryptographically Secured Transactions & Legal Governance?
Raadyx, found online at Raadyx.com, aims to offer an interactive repository for the creation and maintenance of standardized digital contracts. Find out how it works today in our review.
What Is Raadyx?
Raadyx describes itself as an “interactive repository for the creation and maintenance of standardized cryptographically enabled digital contracts.”
The long-term goal of the project is to create international legal standards in private contracts. The project also aims to create a global common law of peer-to-peer interaction and resolution by merging law and technology into one easy and usable platform.
Raadyx is headquartered in Panama. The company’s team includes lawyers and other legal experts. On April 13, 2018, Raadyx made headlines for announcing the launch of its internship program: the company is recruiting upper level law students for summer 2018. Interns will be researching and creating new international laws based on cryptographically-secured transactions and governance.
Basically, the goal of Raadyx is to create a repository of high-quality smart contacts. That repository would push the world of smart contracts forward, creating a solid, globally-accepted legal foundation for smart contracts and similar agreements.
How Raadyx Cryptographically Transactions & Governance Works
Raadyx aims to create a repository for the creation and maintenance of standardized, cryptographically-enabled digital contracts.
By collecting and creating international legal standards for private contracts, Raadyx aims to establish a global common law of peer-to-peer interaction and resolution, merging law and technology into one easy and usable platform.
Aside from this information, however, we have limited information about what Raadyx seeks to accomplish or how it plans to accomplish those goals. Most people only heard about the company on April 13 when Raadyx announced its internship program. As of April 13, the Raadyx website features limited information about the project or its goals. There’s no whitepaper, for example, and no further information listed on the Raadyx.com homepage.
Ultimately, the goal of Raadyx is to create global standards on smart contracts. The company seeks to collect different types of smart contracts into one repository. That repository would hold smart contracts for all different types of situations, thereby creating a global common law of peer-to-peer interaction and dispute resolution.
Who’s Behind Raadyx?
Raadyx was created by co-founders Jason Siebert, Esq. (Executive Director), and Ira Miller. Other listed members of the team include Juan Kong (Marketing & Operations), Fernando Dreyfus (Technical Advisor), and Chriss Mejia (Head of UX).
Raadyx was founded by lawyers who want to establish standards in international smart contract law. The goal of the platform is to create a repository of standardized smart contracts. By collecting and creating different smart contracts into one organized place, Raadyx aims to create new standards for peer-to-peer interaction and dispute resolution.
In layman’s terms, Raadyx wants to create global standards on how smart contracts are used and managed.
On April 13, Raadyx announced it was hiring upper level law students to work at its Panama City headquarters as an internship.
To learn more about Raadyx and its ongoing goals, visit online today at Raadyx.com. However, the website doesn’t have much additional information about the company beyond what’s listed here.