Spanish citizens sign a large number of contracts throughout their lives to manage supplies, insurance, banking or rentals, but the majority are not aware of what they are signing or know how to organize their contracts correctly. In the midst of the transformation process, Firmas.io becomes relevant, a mobile application intended for the management of contracts, documents and agreements in a secure and private manner that is part of the TODO.LAW ecosystem.
This technological development drives a new category: consumer legaltech, an environment that transforms traditional documents and contracts into living digital assets, accessible and manageable directly by the user. This evolution is marked by the appearance of digital legal identity and the extended concept of digital wallet, designed especially to centralize personal contracts.
Unlike cloud storage systems that are prone to leaks, local smart wallets allow documents and contracts to be saved directly on the device. This guarantees absolute privacy, since the information is not uploaded to external servers and the contracts remain under the exclusive control of the user.
Below, Firmas.io presents five examples of everyday consumer agreements and common contracts that change completely thanks to the application of this functional technology:
- Rental contracts: creation, assisted negotiation and signing of contracts in a single frictionless digital environment. The document stops being a static PDF and becomes an asset that automatically notifies about CPI updates or the completion of extensions in these contracts.
- Registrations and portability: Immediate transfer of electricity, gas and internet policies into smart wallets along with the corresponding contracts. The technology analyzes consumer rights, breaks down costs and detects whether the rates applied in contracts conform to what was originally signed.
Local smart wallets allow documents and contracts to be saved directly to the device
- Insurance policies: real-time control of the active coverage included in the contracts in the event of an incident to avoid the complexity of the fine print. In case of conflict, the application helps to resolve disputes in an automated and local manner by immediately evaluating the clauses of these contracts.
- Digital subscriptions: unification of private agreements and contracts for streaming platforms or monthly services in a single tool. The system monitors the stay periods included in the contracts and simplifies the cancellation processes to avoid unwanted renewals.
- Trade agreements: secure formalization of transactions between individuals through contracts or digital will management under standards that respect privacy. The entire flow of these contracts is executed in minutes, which eliminates intermediaries and optimizes costs.
Sergio Maldonado, CEO of Firmas.io, explains: “consumers do not want to accumulate papers or manage endless email folders full of contracts. The real solution is a smart digital wallet in their pocket. We developed this technology with a clear objective: to decipher the daily bureaucracy associated with contracts, act as a trusted private advisor and tangibly improve people’s lives.”
