DeLaw: The New Trend that Leverages AI and Blockchain Technology to Democratize the Legal Industry

Disputes from B2B and B2C transactions have increased 35% but this AI tool can change it all.

VAIOT_LTD
8 min readAug 29, 2024

Key Takeaways:

  • VAIOT is leading the Decentralized Law (DeLaw) movement, combining AI and blockchain to make legal services more accessible and efficient.
  • The company’s solutions, including Legal Torch and DDRS, provide a much-needed simpler alternative to traditional legal processes, according to Tomasz Krzywanski, Attorney and founder of KORDIA Legal.
  • VAIOT has gained recognition from industry experts and key opinion leaders, with CoinTelegraph featuring the company in an exclusive article.
  • The DeLaw concept aims to democratize legal services by 2030, making them as accessible as ride-sharing or food delivery apps.
  • As a committed innovator regulated under EU standards, VAIOT will continue advancing legal tech solutions, through its user-centric, practical approach within the Decentralized Law ecosystem.

Nowadays, trust is the currency of commerce and modern business. Remember the early days of online business transactions?

It felt like stepping into a virtual Wild West, where every click was a leap of faith. Fast forward to 2024, and we’re living in a world where tapping ‘Buy Now’ or digitally signing a deal is as natural as breathing. This seismic shift didn’t happen overnight; it resulted from years of evolution and innovation in building consumer confidence.

Online shopping is exploding — by 2027, global e-commerce sales are projected to reach an amazing $7.96 trillion (Lin, 2024). That’s more than the GDP of Japan and Germany combined! But with great commerce and business transactions comes great responsibility — many potential disputes, identity verification, and the need for reliable alternative solutions to traditional legal agreements. Zerucha, 2023 explains that 2022 had an increase of online disputes by 35%.

eMarketer, 2024 cited in Lin, 2024

What if there was an easier way to protect your business from issues like chargeback or disputes, without needing a law degree? Imagine having a simple solution that acts as a legal safety net for your online sales. Wouldn’t it be great to focus on running your business, not on troubleshooting complex contracts and lawsuits?

That is where DeLaw becomes relevant, also known as Decentralized Law — where blockchain and legal expertise come together in a dance of transparency and efficiency.

Many people are excited about certain ideas in Web3 such as decentralization. But most regular people are still just learning what NFT or blockchain means. Technology is changing faster than most people can understand it. That’s where VAIOT steps in, bridging the gap between the new tech world and regular users who are still learning, making these newer ideas clear and easy to understand.

VAIOT’s Mission

VAIOT’s mission is to democratize legal services by leveraging AI and Blockchain technologies to provide accessible, affordable, and effective Legal Tech solutions within the Decentralized Law ecosystem.

We aim to innovate the legal sector by combining legal technology with the expertise of legal professionals, ensuring accessible and low-cost legal support for all.

Need help understanding legal terminology or guidance?
✅ Our AI Legal Assistant is available to provide legal knowledge, simplify complex terms, and guide you through the process.

Do you need to create a contract quickly, without spending a lot of time on it?
✅ Legal Torch has got your back.

Concerned about privacy in the age of data breaches?
✅ ZK Contractual Privacy will keep your information protected and fully secured.

What if a dispute comes up with a client someday?
✅ Our Decentralized Dispute Resolution System (DDRS) is there to help settle it simply and fairly.

Whether you run a small business or use new technologies like Web3, VAIOT helps connect traditional law with the blockchain world. We don’t just fix current legal issues; we also prevent future problems from happening utilizing AI. Our goal is to protect the growing digital economy.

Welcome to the law of tomorrow — without the old-fashioned outfits and wigs judges used to wear! VAIOT is bringing law into the future in an accessible way.

VAIOT Featured in Cointelegraph

The significance of the DeLaw trend in the legal space has not gone unnoticed. In a testament to the VAIOT’s efforts to share with both Web2 and Web3 audiences legal tools that use blockchain and AI tech, the renowned crypto news portal CoinTelegraph has featured VAIOT in an exclusive article, highlighting its role as a trailblazer in the DeLaw movement.

(Nihatcan Yanik, 2024) DeLaw LegalTech gets AI and blockchain boost for easy access to legal services

CoinTelegraph’s recognition of VAIOT as a leader in DeLaw is not just a feather in the company’s cap — it’s a signal to the entire legal tech industry. As Nihatcan Yanik notes in the feature.

“As DeLaw continues to reshape the landscape, VAIOT’s comprehensive solutions, embodied in the Legal Torch platform, promise to make legal processes more efficient, transparent, and accessible for all.”

VAIOT: Setting a New #DeLaw Trend

Is the legal field about to go through big changes?

VAIOT, a leading AI and blockchain company, suggests that traditional legal work as we know might soon be outdated.

Tweet from @Timeless_Crypto commenting on DeLaw July 2024

As @Timeless_Crypto noted: “I’ve recently come across a company that has been in space since 2018 called VAIOT. They have some pretty novel AI-legal solutions where they are making moves in the sector of Decentralised Law (De-Law)”

Tweet from @0xc06 commenting on DeLaw August 2024

Onur, @0xc06 says: “VAIOT is carving its path as a leader in the emerging Decentralized Law (DeLaw) movement.”

What Is DeLaw About?

The concept of “Decentralized Law” or “DeLaw” — a term first coined by Thysse, 2018 and championed by VAIOT — refers to the theoretical point where technology will be able to provide legal services more efficiently, transparently, and accessible than traditional systems. So even as legal complexities grow, our ability to navigate them might increase exponentially.

DeLaw from VAIOT

DeLaw Ecosystem explained: Read more

VAIOT’s COO, Pawel Andruszkiewicz, predicts this watershed moment will happen sooner than many expect.

“At VAIOT, we’ve always aimed to set new trends and standards within the Web3 ecosystem,” he says. “Our commitment to innovation continues with our suite of solutions for Decentralized Law (DeLaw), an area previously overlooked in Web3.”

Pawel believes that by 2030, we will start to see a significant shift in how legal services are delivered, making them significantly more accessible for people and organizations which couldn’t afford or access them now.

“People still don’t understand that limited access to legal services is a solvable problem and that we will address it within this decade,” Pawel Andruszkiewicz states. ”One thing to remember is that this will happen in an evolutionary way rather than due to a sudden change. Regulatory and legal frameworks are fairly rigid but as everything in this world they are not immune to innovation”

Pawel Andruszkiewicz VAIOT’s COO LinkedIn

If that all sounds far-fetched, VAIOT makes a compelling case that it’s not only possible but already happening. The company has been at the forefront of integrating AI and blockchain since 2018, and in 2020, became regulated under the VFAA (EU) framework — a testament to their commitment to innovation within legal boundaries.

Will DeLaw Change the Legal System?

While the concept of DeLaw might seem like science fiction to some, it’s already catching the attention of industry experts and crypto enthusiasts alike. Influencers experts in the area and key opinion leaders are getting excited about the potential of Decentralized Law, acknowledging VAIOT as the leader project taking by storm the concept of Decentralized Law.

In a recent interview, Tomasz Krzywanski Attorney and founder of KORDIA legal, explained the promising advantages and upcoming adaptation of DeLaw technology.

Now governments, institutions, and even traditional legal services are looking to modernize their practices and embrace the changes technologies like VAIOT’s ecosystem propose.

Watch the interview below!

Youtube Interview with Tomasz Krzywanski Attourney and founder of KORDIA legal.

“I would say that there’s a number of cases that doesn’t really have to be in the court and there might probably be simpler methods of resolving this case. I believe that DeLaw is exactly about it.”

Tomasz Krzywanski LinkedIn

During the interview, Tomasz explained that DeLaw is the best example of transformative technology that will promote significant changes for traditional structures that require innovative tools.

“I would compare it to the situation with the elevators in the 19th century. So like in the 19th century what you had each elevator has the elevator operator so somebody, who was simply making sure that the elevator goes up and down what’s happening at the moment and at some point in time of course the buttons were introduced and elevators started going up and down on their own and I think this is kind of what’s happening now with the application of DeLaw. We no longer need these elevator operators, because you have these buttons”

The conclusion here is simple:

DeLaw is transforming traditional services and companies like VAIOT are at the forefront of making legal tech solutions for law professionals and the public faster and more accessible.

The Future: What Sets VAIOT Apart in the DeLaw Space?

It’s the company’s comprehensive ecosystem of legal tools, designed to address real-world challenges in the legal industry. From the AI-powered Legal Torch to the innovative, blockchain-based Decentralized Dispute Resolution System (DDRS), VAIOT is creating solutions that are not just theoretical but practical and immediately applicable.

“We’re not interested in technology for technology’s sake,” says Olena Piddubniak, Marketing Manager at VAIOT.

“Our goal is to create tools that make legal services more accessible, efficient, and affordable for everyone — from large corporations to individual consumers.”

(Nihatcan Yanik, 2024) DeLaw LegalTech gets AI and blockchain boost for easy access to legal services

As we look to the future, it’s clear that VAIOT will continue to play a pivotal role in the evolution of legal technology. With its focus on practical solutions, commitment to innovation, and dedication to user trust.

VAIOT is not just following trends — it’s creating them. Pawel Stopczyński, VAIOT’s CEO

Pawel Stopczyński, VAIOT’s CEO LinkedIn

This glimpse into the future of legal services shows us that the moment is here to start creating the path. A future where AI and blockchain transform outdated mechanisms to shape society. At the center of this transformation stands VAIOT, leading the way toward a new era of Decentralized Law.

About VAIOT

VAIOT offers a portfolio of blockchain-based AI Assistants and on-chain Intelligent Contracts for businesses and consumers to provide automated services and transactions. VAIOT- AI and Blockchain for Legal Innovation.

Read our AI Legal Assistant Lightpaper here.

For more information about VAIOT, visit our website www.vaiot.ai, or join our Twitter , Telegram Community, Discord Server or Youtube Channel for continuous updates.

--

--

VAIOT_LTD

VAIOT offers LegalTech and DeLaw solutions to democratize legal services by leveraging AI and Blockchain. First VFAA-regulated digital asset issuer.