VAIOT Launches Legal Torch to Democratize Access to Affordable Legal Support
VAIOT,
a
company
providing
AI-driven
Legal
Tech
solutions,
announced
the
launch
of
its
latest
product,
“Legal
Torch,”
in
Malta
(EU).
Legal
Torch
is
the
company’s
first
step
into
an
ambitious
initiative
to
bridge
Web2
and
Web3
and
drive
broad
blockchain
adoption
in
the
legal
domain.
Legal
Torch
is
an
AI-powered
SaaS
platform
that
simplifies
access
to
legal
aid.
Users
can
rely
on
it
to
support
creation,
management,
and
execution
of
legal
documents
with
compliant
AI
assistance
and
knowledge
base
delivered
in
simplified
language
for
user-friendly
interactions.
The
platform
integrates
blockchain
technology
for
protecting
contractual
privacy,
offering
secure
contractual
data
storage
and
facilitating
business
transactions.
Moreover,
it
aims
to
gradually
incorporate
other
blockchain
capabilities,
including
complex
VAI
Token
utility.
Launching
Legal
Torch
offers
an
initial
look
at
VAIOT’s
AI
capabilities.
The
company’s
proprietary
AI
system
incorporates
the
newest
versions
of
tailored
LLMs
like
GPT
and
Llama.
More
importantly,
it
provides
unprecedented
customization
and
insights
purposefully
designed
for
the
legal
industry.
VAIOT
leverages
AI
and
blockchain
technologies
to
develop
affordable
and
effective
Legal
Tech
solutions
within
its Decentralized
Law
(DeLaw)
Ecosystem.
Its
mission
is
to
democratize
access
to
legal
support
and
allow
people
and
organizations
worldwide
to
use
low-cost
dispute
resolution
mechanisms.
Legal
Torch
is
bound
to
become
the
flagship
product
of
VAIOT’s
DeLaw
Ecosystem.
The
company
aims
to
integrate
other
functionalities
of
the
ecosystem
with
Legal
Torch,
such
as:
The
Decentralized
Dispute
Resolution
System
(DDRS)
This
product
will
provide
fast,
fair,
and
cost-effective
dispute
resolution
to
protect
blockchain-based
business
transactions
and
related
negotiations.
It
includes
blockchain-based
escrow
for
business
deals
and
AI-assisted
negotiation
for
quick
and
efficient
resolutions.
Users
will
also
have
access
to
decentralized
jury
selection
and
voting,
with
reward
distribution
for
specialized
jurors.
The
Juror
functionality
will
be
reserved
for
VAI
Utility
Token
holders
offering
a
wide
range
of
perks
and
benefits
to
people
engaging
into DDRS.
VAI
utility
token
use
cases
VAIOT’s
Decentralized
Law
(DeLaw)
Ecosystem
is
supported
by
an
utility
token,
VAI.
The
VAI
token
will
have
several
use
cases,
including
payment
and
fee
reductions
for
holders
(e.g.
in
Legal
Torch),
staking
options,
and
various
utilities
in
DDRS
where
e.g.
only
VAI
holders
will
be
able
to
access
and
participate
in
the
dispute
resolution
as
jurors..
Furthermore,
users
and
customers
will
receive
VAI
tokens
as
cashback
for
purchases
within VAIOT’s
ecosystem.
ZK
Contractual
Privacy
This
product
will
ensure
privacy
and
verifiability
in
digital
transactions,
providing
zero-knowledge
proofs
for
data
verification
without
disclosure.
ZK
Contractual
Privacy
will
integrate
smart
contracts
for
automated
verification
and
guarantee
enhanced
privacy
in
contract
terms
and
personal
information.
VAIOT
chose
to
launch
Legal
Torch
initially
in
Malta
before
expanding
its
availability
in
multiple
jurisdictions
worldwide
with
EU
markets
being
the
short-term
focus
for
the
Company.
VAIOT
plans
to
launch
Legal
Torch
in
another
EU
country
in
2025,
providing
localized
contract
templates
and
customization
for
simple
and
cost-effective
access
to
legal
aid.
About
VAIOT
VAIOT
is
at
the
forefront
of
an
ambitious
movement
that
aims
to
bridge
Web2
and
Web3
through
cutting-edge
technological
advances.
The
company
has
an
extensive
and
rapidly
growing
portfolio
of
AI-powered
Legal
Tech
and
blockchain-integrated
Decentralized
Law
solutions.
Its
goal
is
to
provide
automated
legal
support
and
contracts
to
cover
various
transactions.
Legal
Torch
and
the
other
components
of
VAIOT’s
Decentralized
Law
(DeLaw)
Ecosystem
will
combine
seamlessly
into
an
innovative
tool
for
businesses
and
consumers
in
the
legal
sector.
VAIOT
relies
on
the
expertise
of
legal
professionals
to
ensure
accessible
and
low-cost
legal
support
for
all.
You
can
read
more
about
Legal
Torch here.
You
can
learn
more
about
VAIOT
and
stay
up-to-date
with
its
developments
here: Website | X
(Twitter) | Telegram | Discord | YouTube | Medium
Disclaimer:
The
VAIOT
Website,
Platforms,
Solutions,
and
Services,
and
in
particular
VAI
Tokens,
are
not
offered
for
use
and
purchase
to
natural
and
legal
persons
having
their
permanent
residence
or
their
seat
of
incorporation
in
any
of
the
restricted
areas
as
listed
in
VAIOT’s
Whitepaper,
in
particular:
USA,
Germany,
Puerto
Rico,
US
Virgin
Islands,
Canada,
China,
Singapore,
Afghanistan,
Central
African
Republic,
Cuba,
the
Democratic
Republic
of
the
Congo,
Eritrea,
Iran,
Iraq,
Libya,
North
and
South
Korea,
Somalia,
South
Sudan,
Sudan,
Yemen,
Zambia
(Restricted
Areas).
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