
Published at Wednesday, March 23, 2022 9:43 AM on the Hunit ltd organization's page
Smarter Contracts UK initiative and Hunit
Smart legal contract technology enables global sports brands to significantly improve the sponsorship contract process and bring additional benefits to thousands of sponsorship contracts each year.
A large global sports brand, Hunit (a smart legal contracts software company) and the global legal business DWF collaborated to develop a use case in which a sports sponsorship contract is formed as a smart legal contract. This use case tests and demonstrates the potential of smart legal contracts across all forms of sponsorship agreement - from sport to broadcasting, products and influencers. Smart legal contracts are predicted to be used in this area in the near future.