Smart Contracts – ACE - a compiler for taking legal language to code

Essentially they have built a compiler that can take Legal English and compiles/translates it into a data structure and an application skeleton that developers build upon. Software engineers can also test with the ACE tool.

“WE BASICALLY GENERATE A SKELETON THAT CAN BE USED ON ETHEREUM,” SAID DOORNBOS. “AND IT HAS THE CAPABILITY TO NOT ONLY DO SMART CONTRACTS BUT ALSO MIXED CONTRACTS.“

http://www.the-blockchain.com/2016/04/06/smart-contracts-bridging-the-gap-between-the-real-world-and-blockchain/
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