Kirik

KIRIK: smart contracts strive to enter the real economy

The blockchain is entering the economy, soon smart contracts will replace agreements with signatures and stamps. How much time does it take to make a smart contract? How can mathematical linguistics help? And how are Russian scientists connected with it?

Picture 1. KIRIK allows every person to write a smart contract
The team of developers of KIRIK led by Russian mathematicians offer semantic meta-protocol - a smart contract 2.0. Instead of lines of code, there are phrases in Russian, English and any other language.
What is KIRIK?
Separate software modules, which recognize human speech and create smart contracts without linking to a specific platform. This allows adapting blockchain to the governmental sector and makes a legal document from the program code.

Picture 2. The conception of the KIRIK project: a contract law in “human language”
● Easy to understand. Smart contracts by KIRIK will be clear to users, who have no skills in programming. Creating a smart contract will become faster and easier.
● Automatic verification. Semantic smart contracts will be checked automatically, that’s why there can be set constant monitoring in the CRM system. Financiers and lawyers will sigh with relief: if the contract is incorrect or overdue, it can be corrected with a couple of phrases.
● Visual Builder. Creation of a semantic contract with templates, graphs, and attributes in not harder than building a graph in Excel. Artificial intelligence "trained" in mathematical linguistics recognizes semantic constructions and completes smart contract instead of a user.
● Cross-blockchain support. Smart contracts of KIRIK support different architectures of blockchain such as the usual ERC 20, the traditional protocol and other modifications. Program code is chosen by a user himself.
Developers notice that the platform is used not only in jurisprudence. These contracts easily translated from the human language into the program code will be useful in each sphere of economy, for instance, for bank officers.
The main functions of the KIRIK contracts

Picture 3. The work of the KIRIK contracts is based on logical functions
Semantic Smart Contracts. Semantic smart contracts are based on a logical verification of a claim, so the modular structure is not bound to any system of blocks. The modification of KIRIK contracts will be useful for legal companies, banking institutions, and the government sector.
Oracles Predicates. The work of contracts is provided by logical functions (basic predicates), which are embedded into the system or requested from the outside. For example, a rent contract is drawn up according to a standard template, then a renter wants to add a fee for the maintenance of exotic animals. The basic provisions of the contract are loaded from the system, while additional conditions are loaded from the external database of legal documents.
Convergence of Different Blockchains. The parts of the smart contracts created according to the ETH, NEO, RSK or Bitcoin standards can be integrated into the KIRIK contracts without changes. This logic will simplify the document turnover and make new smart contracts a universal solution for blockchain.
Semantic Domains. The KIRIK contracts can be easily scaled and act together with other distributed servers (for example, on the blockchain architecture). Banks or state institutions may duplicate information from KIRIK contracts to their blockchain without losing any data.

Summary
The semantic modeling method and cross-platform architecture allow the KIRIK contracts to adapt to any branches of the real economy and to bring legal validity to smart contracts.

Picture 4. Possible applications of KIRIK smart contracts
The ICO of the project is planned in June 2018! Why is the project useful for investors? It has a wide target audience because any business would like to have skills in creating smart contracts without special knowledge.
Website: https://kirik.io

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