A company in the reform sector in Spain will implement blockchain technology to provide legal guarantees to its customers

The reform sector company in Spain, Here is your reform, will incorporate blockchain technology into its services to provide new legal guarantees to its customers, and will start producing its smart contract system for this.

The comprehensive home renovation company joins Alastria, the Spanish blockchain network, with the proposal to implement this disruptive technology through the production of their smart contract system, with which they want to offer their customers more legal certainty when signing future contracts.

The company has a team of nearly 20 engineers dedicated to developing complete solutions in this technology for customers and professionals, according to Eric Mora, CTO of the company, who in turn claims that the technology is from? Chain of Blocks ™, guarantees that the actions between both parties, users and professionals, can be consolidated.

A company in the reform sector in Spain will implement blockchain technology to provide legal guarantees to its customers
A company in the reform sector in Spain will implement blockchain technology to provide legal guarantees to its customers

• One of the big problems in the reform sector is the lack of trust of the professional in the customer and vice versa. Our developments will use blockchain to ensure that the actions of the user and the professional are consolidated, which gives them legal certainty in both casesâ ???? The CTO of Aquú Reforma manifests itself.

Blockchain technology shows its adaptability in a wide variety of sectors, and the use of this technology and smart contracts are presented as value propositions in the reform sector in Spain, guaranteeing more security for the customers who make life in this sector.

“Smart contracts” also have a special feature that makes them reliable. They offer a high level of trust between customers and companies, as all information is immutable and immovable.

â ???? This is a first step in order to be able to work on reforms with the so-called Smart Contracts, which will allow us to guarantee all parties the collection, payment and execution of all contractual clausesâ ????, Details Eric Mora, from Aquà Reforma.

A value proposition

According to the expert, Alastria came on the market in October 2017 and presented itself as a â ???? The world’s first nationally regulated network based on blockchain technologyâ ???? and which has a broad portfolio of partners in more than 10 different industries, sees this technology as a â ????Honesty toolto????. It states that, given the immutability of its databases, the blockchain guarantees the customer the highest possible level of security.

 ???? Together with an adequate identification system, this will give our developments legal guaranteesâ ????, Add the CTO of Aquú Reforma.

It should be noted that Alastria was born to take advantage of this technology in a business environment where all actors involved have the opportunity to get to know each other. Thanks to blockchain technology, it is possible to establish error-free traceability, which makes it easier for everyone involved to know the records of the documents in order to avoid any type of modification or falsification.

In the special case of Here is your reformEric Mora adds that the investment in the project is part of CDTI and will initially amount to around 100,000 euros.

â ???? This is a first step in order to be able to work on reforms with the so-called Smart Contracts, which will allow us to guarantee all parties the collection, payment and execution of all contractual clausesâ ????, Details.

Similar Posts