Mobile app ideas to create #25: Dubious Terms Detector
Updated: Dec 23, 2020
Most often contracts or legal documents are long and confusing, it is super easy for someone to insert suspicious/unfair terms to take advantage of you.
As seen in the movie The Social Network (story of Facebook) where the co-founder Eduardo Saverin was tricked into diluting his shares to nothing.
The idea is to build an iOS and Android app that can leverage AI and Machine Learning to analyze scanned contracts and alert the user of any potential dubious terms and conditions. These documents (contracts) can be either scanned or uploaded.
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