The mission of OpenK is to build solutions that leverage the security and predictability of blockchain smart contract technologies while maintaining the flexibility of ordinary commercial contracts.

It begins with an understanding of the commercial realities of legal agreements involving a transfer of control rights, and the acquisition or disposition of interests in digital assets / accounts evidenced by an electronic record.

Equally important is the wallet smart contract framework that can enable programmatic assignment of access controls for non-custodial wallets, without possession or knowledge of the wallet’s private key.

OpenK will develop these solutions and promulgate legal terms of service for agreements involving wallet smart contract technology, enabling anyone to structure commercial transactions based on this new paradigm.

The name OpenK signifies a commitment to open source public blockchains, and K is the universal symbol for a legal contract.

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