Learn more about our patent pending technology
3 minute read
Aeco has filed a patent to protect its technology. The patent pending technology consists of a unique way to create and interact with rule-based systems. This will help Aeco to consolidate its position as an innovative technology company and grow internationally.
About our patent pending technology
Aeco has developed a unique way to create and interact with rule-based systems. The technology is used by Aeco to develop tax and legal tools. Most tax and legal use-cases are a combination of decision trees and calculations based on numerical data. Our technology provides for an easy way to create, maintain and interlink these use-cases.
Example: Examples of prior tools developed by Aeco can be found on our website dedicated to tax technology. Tax use cases provide a perfect example to showcase how decision trees and calculations interact with each other.
Most tax and legal use cases are a combination of decision trees and calculations based on numerical data. Our patent-pending technology provides for an easy way to create, maintain and interlink these use-cases.
Characteristics and benefits of the technology
Below we have listed some characteristics and benefits of the technology:
Quick conversion: The technology enables a quick conversion from rules to a software model.
Declarative approach: The software model is declarative, meaning that rules can be added without having to explicitly link rules to existing rules.
Links can be found autonomously: The technology is able to find links and connections between the rules autonomously.
Holistic and modular.The technology allows for a holistic way to interact with legislation as it permits a modular approach. Rules can quickly be added, modified or deleted without affecting the functionality.
API accessible: The system is accessible via an API. Thus enabling software developers to quickly build and deploy applications on up to date legislation.
Ruben Aertgeerts: Aeco’s technology allows for a holistic way to interact with legislation.
Next steps with our patent pending technology
As a fast growing technology company we are looking to expand internationally and leverage our technology to improve the functioning of law in other jurisdictions as well.
Thomas Aertgeerts: The patent will help Aeco to consolidate its position as an innovative technology company.
Moreover, our custom developed technology can also be used by governments to create a “digital code of law”. Consequently, legislation can be accessed in a more programmable way and this makes it accessible to software developers, tech companies and universities. This will allow them to interact differently with legislation and develop tools for lawyers, accountants, individuals and the government.
Aeco is looking to expand internationally and wants to assist governments in creating a “digital code of law”.
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