Our business cases

LEGAL is already operational. Over 30.000 clients use LegalThings every day.

Digital Transaction Management (DTM) clients

By storing all transactions in a miniature blockchain an audit trail is created, guaranteeing both transparency in dealing with third parties and continuous compliance. DTM offers tremendous cost savings, continuous compliance with company regulations / policies and speed. These companies use LEGAL PaaS in the following ways:

LegalThings One digitizes the cradle-to-grave employment process for Albert Heijn. From signing an employment agreement to automated warnings when employees don’t show up at work, as well as the termination process of the contract.

In collaboration with Quislex, the world’s leading Legal Process Outsourcer, we’re launching a DTM based application in which your idea of investment is secured through a Live Contract NDA.

Over 12.000 notary transactions each year are handled through the FIRM24 network on the LegalThings platform. Without the ‘legal lingo’ and other bells & whistles.

Cloud9 music, representing artists such as Hardwell and Armin van Buuren, uses LegalThings for all of their contract management and data structuring. With smart-document uploading and tagging, Cloud9 was able to go completely cloud-based within weeks.

One of the most innovative real estate parties in The Netherlands, Merin, uses LegalThings for end-to-end digitized real estate contract lifecycle management (CLM). By directly loading all static building data from LegalThings and linking other IT-systems, agreements are drafted in a matter of minutes.

Regulatory and Compliance clients

In order to comply with increasing compliance requirements, companies and governments will digitize processes in a pre-defined audited workflow to be compliant 24/7. On their turn, governments need to be compliant with their own laws.

For being compliant with the upcoming GDPR regulations, Dekra, Germany’s largest insurance claim company, requested a streamlined, GDPR compliant process for their data processor agreements between partners. Automated data deletion along with anchoring in a public blockchain ensures their full compliance.

LegalThings provides the backbone for mandatory Transfer Pricing documentation by Finext Network and their multinational clients. Not only the drafting process is automated, the entire workflow from start-up to self-executional filling upon signoff. The most effective way to deal with a document-heavy, multimillion-dollar burden.

After winning the Dutch Blockathon last September, LegalThings was commissioned by the Dutch government to create a pilot for digitizing all so-called ‘ASAP-cases’ in predefined workflows, based on the systematics of Dutch law. LegalThings aims to process all 200.000 ASAP-cases on the protocol over the next couple of years.

Tokenization

The commercial real estate market alone is worth 200 trillion dollars. Tokenizing assets makes them available for a global market as well as untapped local markets.

In collaboration with the Waves platform, LegalThings is building the mandatory regulatory frameworks for the tokenization of illiquid assets. By doing so, costly, complex and time-consuming legal procedures will become vastly more efficient and transparent. This collaboration will have an enormous effect on the way we define and handle assets.

Together with the renowned global law firm CMS law, LegalThings plans on redefining the Dutch shareholder register. By tokenizing company shares, unique characteristics can be added to a tokenized share. This way, actions based on shareholders agreements can automatically be restricted or enabled for all shareholders.