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Online cloud costs are lower and more efficient Controllable risks Enterprises set up approval processes for different business scenarios and manage risks in a streamlined manner (signatures and seals can be managed, and seal records can be traced). Therefore, electronic contracts solve the problems of effectiveness, compliance and security during the signing process . Allow all signatory parties to connect efficiently, quickly sign contracts, improve efficiency and reduce costs. What problems does smart contract solve Electronic contract Electronic contracts solve practical problems in the signing process, focusing on efficiency, safety, compliance and legal benefits during signing. The customer group is the signing parties,
and the problem of efficiency in contract signing is Austria WhatsApp Number solved. Smart contract Electronic contracts powered by AI technology are targeted at legal affairsmanagers and solve the risk compliance and contract management issues of the contract itself before and after signing. What changes has artificial intelligence technology brought to electronic contracts by OCR and NLP technology electronic contract OCR, optical character recognition Optical character recognition In one sentence Convert handwritten or printed images into computercompiled electronic text. The core of OCR technology is text detection and recognition Text detection Determine whether there is text in the image and give the regional
location of the text Text recognition Convert it into corresponding text based on the image features of the text area. A typical application scenario of OCR technology in electronic contracts is "contract comparison". Before signing While drafting, OCR technology can be used to identify modification differences between different versions of the contract document When signing a contract When receiving an electronic contract, OCR technology is used to quickly identify whether the signed electronic contract is consistent with the previously negotiated contract content. NLP, natural language processing Natural language processing In one sentence Let .
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