First marriage contract on blockchain!

For this, there is still a physical document needed to control the legal situation and the division of property. Although these entrepreneurs Lucas Gotz and his wife had to become notaries despite their innovative approach. In Graz, Austria, the first marriage contract was sealed by block separation with smart segregation of the property. These smart wedding contracts were technically implemented by the groom's company, Block 42. Therefore this new property can be added and it can be immediately separated according to the shares. Which it’s in turn is linked to two ethereum wallet. However, this paper contract refers to the 'smart wedding contract'. Advantages of Smart Wedding Contract: - Its in addition to these properties, these "dynamic" smart wedding contract share ratios can be regulated. Accordingly, it can be added or removed on a current basis, such as a car or a house. According to the Gotz of these benefits of the smart marriage contract, it is possible that she can grow continuously with marriage. [pics source](https://pixabay.com/en/wedding-couple-marriage-ceremony-1353829/) Blockchain creates transparency: - However, the smart wedding contract is not just about saving money in a divorce situation. Instead, Gotz wants to show what blockchain technology can offer for other types of contracts. This contract is not only "dynamic" but it is also characterized by its transparency. It is in accordance with the Gotz, each deposit and its return is automatically logged by the system. Gotz says that this blockchain based marriage agreement shows whether it is possible and how they can use the technology to handle everyday matters. They believe in technology and it will become standard for all types of contracts in the future. Advance is required for the notary: - It is under the current Austrian law of a physical document. Although, despite the smart wedding contract of Gotz and his wife were not saved from the road to become a notary. In this way a court can eventually decide on the distribution of goods in the event of a divorce, however, this is a classic marriage contract, yet there is a need to have legal effect. In the future, this hope of Gotz will also be a block-based contract binding. The content of the marriage contract refers to the smart wedding contract. [source](https://thebitcoinnews.com/the-first-marriage-contract-on-the-blockchain)  https://steemitimages.com/0x0/https://img.mp.ucweb.com/wemedia/img/buz/wm/6ec01696bb8aabecd85b1aa1aa7f8413.gif;