Broadly speaking, this is a written, binding and legally enforceable document _
Contracts are written forms of documentation held to encompass such terms, conditions, roles, responsibilities, financial and digital security functions or requirements of confidential transaction or exchange that are binding for participants in collaboration. Contracts are created by those who wish to record such mutual intent and engagement so as to define their future actions and for their authenticated provenance, encrypted real-world and on-chain reference.
NEST® real-world contract template documentation is made available to ecosystem members for their independent, confidential and individually encrypted use. Once templates have been purchased and registered via NEST® or associated Web3 services therein collaborative participant’s individually encrypted, self-generated terms, conditions, roles and requirements alongside timed digital security functions become legally binding with NEST® authorized, on either participant’s behalf, to process specified functions as ordered.
