The Smart Contract Cloud platform (SaaS) uses big data objects (e.g digital documents that contain various data types from various sources in one place) and artificial intelligence elements (e.g rules, algorithms, and machine learning) that's autonomize sell & underwrite, service (and claims), control, and document legally relevant events and actions in accordance with the terms of the contract, between the Smart Contracts issuer, the holders, and the ecosystem.

The Smart Contract Cloud platform consists of the following technologies:

* Smart Contract Builder: a graphical user interface for creating and managing  Smart Contracts
* Index algorithm to allow big data search
* Application builder allows to easily create a web app, mobile app, and API
* Data galaxy, an interface allowing you to view and manage all your data in one place

The objectives of Smart Contracts are to make the financial services universally accessible, reduce transaction costs, arbitrations and enforcement costs, fraud losses, as well as the reduction of malicious and accidental exceptions, trustworthiness, and autonomously operation.

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Facio Labs

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