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Onboarding Page when user first opens the app!
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Contacts Page (Contacts are @sign users)
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Chat Screen where contract was accepted by both parties.
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Interface for agreement of contract. Both parties have to accept in order for the file to be uploaded to the IPFS.
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HTML Page for uploading files to IPFS. This takes in incoming HTTPS requests from the front-end part of the app, and allows for uploading.
Inspiration:
Agreefy is an all-in-one platform that allows for agreements between parties to be drawn up quickly, signed securely and stored indefinitely. Agreefy ensures you the best contracting experience by combining blockchain technology with the latest in signing technologies, thus making it faster, cheaper and easier. ”
No more “I didn’t get a chance to look over the contract” or “Sorry Nancy, I think you sent me that last version of the contract instead of the one I signed”. Once an agreement is sent out for signature, Agreefy tracks who has opened and viewed the agreement.
When companies grow quickly, they often deal with more contracts. A sign of a healthy business is the willingness to take on more work, but this can create problems if the contract management process doesn’t keep up. If a company isn’t careful about its contract management process, additional contracts can create new weaknesses in the business.
International Association for Contract and Commercial Management (IACCM) indicates the average company loses about 10% of its annual revenue due to poor contract management practices.
[Reference: iaccm.com/news/contractingexcellence/print/?newsletterid=51]
There’s a plethora of risks involved in poor contract management. Security risks can be associated with some of the most severe and highest-profile consequences for your company. Security breaches with your contract generally result in additional Legal, Financial, and brand issues. When managing your contracts, security risks exist by storing your contracts in insecure locations. It is also a problem when everyone with contract access has the same level of access to sensitive contract information which leaves confidential contract data unencrypted. Using email to communicate sensitive information is also a problem.
What it does:
Is your rent too much to be hiring a lawyer? Or does your boss not pay you enough to spend time in court? Between 16-20% of court cases related to rentals happen due to change in agreement documents done by either parties after the contract had been signed, and this type of fraud is not limited to house rentals only. Majority of the documentations are virtually stored as PDFs. Now that’s where the problem stands. PDF’s are easily modifiable by anyone with sufficient knowledge on how to do so, and that means a lot of people. IPFS stores data in a decentralized method that provides prevention of fraud editing or any such cyber threats to the users files. Agreefy stores your contract files in a blockchain (IPFS) making it impossible to be edited by either party without the other’s agreement. Agreefy also guarantees privacy for all other chats as they are not stored under any database except on your account locally, this is done through the AtSign SDK. The AtSign implementation not only guarantees privacy, but also adds another layer of protection to the Agreefy app, further promoting security and privacy for contracts, agreements, or whatever the case may be.
How we built it: The front end of the app, so the app itself was built using Flutter, and Dart. The backend of the app was done through firebase, google cloud, as well as a bit of Node.js and some HTML & CSS to make the webpage.
Design: This project was designed in two parts, the IPFS system setup as well as app development and then complaining the two together to bring you Agreefy. Agreefy is easy and simple to use. All implications of Agreefy are automated cutting off the hassle for users to manually upload their files on the IPDS. Agreefy stores no data of chats between users on any network for user privacy.
What we learned: As this was all of our first hackathon, there was a lot for us to learn. From decentralized systems to app development, we learnt a fair share of everything we could during this time. We learnt a bit of everything from using Flutter to develop the app to using firebase for backend development. Not only did we learn a lot about development, we also learned some other information that drove us to make this app, for example: IPFS is cheaper than regular web data network, it is capable of storing your data for longer than mainstream web and it is better with web connectivity than mainstream web. Moreover, we also learned that: There have been numerous cases of fraud via post-agreement contract modification, the average company loses about 10% of its annual revenue due to poor contract management practices, and between 16-20% of court cases related to rentals happen due to post-contractual changes in agreement documents. This not only inspired us to make Agreefy, it also helped us develop a wide variety of coding skills.
What's next for Agreefy: Our aim is to implement Agreefy for all legal uses. Storing all sorts of legal contracts on IPFS with ease will skyrocket the security of the contract, making it more reliable. Agreefy developers aim to reach out to their University and workplaces regarding the service. We are also working towards improving the UI and user’s experience on all platforms, creating our own blockchain to offer better security and create a blockchain to provide a better decentralized data storage service.
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