logion project, substrate and polkadot

logion is a project that aims to build a blockchain network (thanks to substrate technology and this development environment), a polkadot parachain, stable, clear, transparent, in which the nodes will be held by public and ministerial EU officers. This network will have first an operating cost advantage but will also offer very specific services:

  • an enhanced mode of proof for operations carried out using this network
  • an oracle’s service provided by certified professionals
  • legal services which will be complementary to the blockchain technology
  • trusted third party services

These services will be available for the entire ecosystem as a result of the interoperability potential offered by Polkadot.

In a nutshell, here’s how things are going.

Polkadot is a platform that allows distinct blockchains to transfer messages and exchange transactions, through a relay chain, turning them into a big multi-chain network. It provides networking and consensus layers that allow blockchain developers to focus on creating business logic with unique features and implementing it in a parachain.

The parachain (parallelized chain) is what allows private, public, and consortium blockchains to connect and scale.

Polkadot consists of many parachains with potentially different characteristics. Even non-blockchain systems or data structures could become part of the network. Even stand-alone blockchains as Bitcoin, Ethereum, and Tezos could be connected to Polkadot by developing an appropriate parachain.

logion will be a parachain, so an independent blockchain that provides own blocks. A parachain can have its own monetary system, its own logic, and its own interactions with third-party applications or separate blockchains. Parachains inherit security from the relay chain (Polkadot). They can also send messages and provide services to other parachains. Each parachain is connected to some validator for a certain period of time and is hosted with its own set of collators.

That’s how we’re going to build our blockchain network and services provider. We’ll start the first serious work this summer!

TechLawyer Academy will be launched in 2020!

With this academy and in partnership with Seraphin Legal (France), the aim is to develop the necessary skills to digital technology for legal professionals!

Legal professionals and services are today involved in an unavoidable digital transition process. Then, the question is, how best to manage these changes, for today, as well as tomorrow… Should we ask always the help of a third party or develop certain in-house skills? What would be the competencies required in order to remain competitive and strong in the face of the market? How to simplify the daily management, to save time, money and to improve efficiency. The TechLawyer ACADEMY brings essential skills together for you into a complete and coherent training.

The program will be intense with clear business focus:

  • General introduction
  • Legaltech project manager
  • Coding lawyer
  • Data lawyer
  • Cybersecurity lawyer
  • Privacy lawyer
  • Marketer lawyer
Sessions will take place in Luxembourg and Belgium in 2020.
infos: legaltech@techmedev.eu

LTLA-2020-prof-FR

What’s log-ion exactly?

log-ion combines a three-phase development, all oriented towards a single purpose: to connect contracts from the real life and smart-contracts, in order to be able to execute real life contracts in a Blockchain environment.

  • Phase 1: log-ion must be able to read contract templates and transcribe it into a smart contract (in progress)
  • Phase 2: log-ion must be able to transfer these smart-contracts to a Blockchain environment, to connect it to a token (2020)
  • Phase 3: log-ion must be able to fetch from the outside the information required to execute the contracts (2021)

Our API will thus be able to provide an essential role in tokenization offers, automated contracts in a Blockchain environment by offering to the parties involved, a digital environment, from the very first step, in the preparation of the legal and economic framework.

Our first offer of service

Support in the digital transformation for legal professionals and legal services.

The legal professionals and services must embark on the way to digitalization. We are conscious of the challenges and sometimes also, of the apprehensions that can result. We have gathered a number of experienced practitioners, to help you face this challenge. You will find, in the appended file, the main guidelines of our proposition. Do not hesitate to contact us for more information. The English version will be available soon.

Legaltech-GEN-V2