Introducing computational contracts, with Martin Clausen of Syngrato (HyperContracts)
In this episode, I talk to Martin Clausen, CEO of Syngrato about the exciting rise of computational contracts and his new product, HyperContracts. We discuss what computational contracts are, the benefits of building computational models of commercial relationships, simulating outcomes before and after execution, how version control works when dealing with computational contracts, why applying a coding mindset to contract drafting can improve quality and decrease risk, and why they are different from smart contracts!
Topics of discussion
The origins of HyperContractsWhat computational contracts are and their benefitsContract-as-a-serviceComputational contracts for government framework agreementsUsing event flows to run contractual simulationsHow a contract can answer questions about itselfContractual debugging and QAVersioning and source control for computational contractsHow to get started with computational contracts