Blockchain is a peer-to-peer distributed ledger technology that makes the records of any digital asset transparent and immutable and works without involving a third party. Hence, it is independent of a third party and termed as ‘decentralized’. Blockchain is an emerging technology and is gaining a lot of popularity, as it is scalable and also has the ability to manage risks. Blockchain is transforming the way value is exchanged, it has expanded technical capabilities to achieve a higher level of innovation and developer products. Blockchain is the most recent technology that can be adopted for data security. This paper aims to make any legal contracts, such as agreements, and property registries, as well as other assets in India using blockchain for solving issues like avoiding third parties, brokerage services, trusty transactions, etc. It makes it safer as well as non-repudiable. We are proposing a Web3 system that is providing a platform for both parties to make legal contracts using smart contracts and deploy it on blockchain to make safer contracts by inheriting blockchain properties. A smart contract is a digital contract that automatically executes the terms of an agreement by itself. In layman’s terms, it is a computer code that holds the terms of a contract. It stores in decentralized, distributed public blockchain networks that contracting parties can access from anywhere and at any time. With these designs, this digital type of contract runs on blockchain nodes that cannot be changed. This makes the smart contract legal contracting decentralized, free of brokerage services as well paperless that is digital. This solution demands transparency, participation and cooperation society demands. Hence, would help to obstruct corruption and make government services more efficient.

Keywords : Ethereum Blockchain, Smart Contracts, Machine Readable Legal Agreements.