Legaltech Arcade

Introducing computational contracts, with Martin Clausen of Syngrato (HyperContracts)

June 25, 2021

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 HyperContracts
  • What computational contracts are and their benefits
  • Contract-as-a-service
  • Computational contracts for government framework agreements
  • Using event flows to run contractual simulations
  • How a contract can answer questions about itself
  • Contractual debugging and QA
  • Versioning and source control for computational contracts
  • How to get started with computational contracts

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