The term «smart contracts» is totally misleading as smart contracts are neither smart nor contracts. But they can become “truly” smart by applying the Ricardian Contracts pattern, making them human readable, machine readable, accessible, legally binding and enforceable. This is what Contract Vault does.

Contract Vault is basically a raw diamond staying under the radar due to the fact that they do not make false promises à la “today to the moon, tomorrow to mars” and have a fully compliant ICO, which requires KYC/AML. This can be very attractive after the ICO as many tokens lose their value because the teams do not hold what they promise.