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Implementing and managing ESGs through smart contracts

Implementing and managing ESGs through smart contracts

on July 7, 2022

Socially responsible operations that track factors like environmental, social, and governance principles are more than just a feel-good phenomenon. They can affect credit risk and investment performance as well as your relationship with clients and vendors. In the era of climate change action and corporate social responsibility, managing ESGs through smart contracts is the next step in propelling businesses to high performance.

ESG criteria refer to Environmental, Social and Corporate Governance factors that are taken into account when investing in a company. Although their origin dates back several decades, they have become a reference for socially responsible investing in recent years.

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Understanding Smart legal contracts

Blockchain and Smart contracts: a valuable drive to implement community currencies

on June 28, 2022

Since the global financial crisis in 2008, economists started to rethink alternative and new forms of cooperation and economic systems capable of cutting off third-party intermediaries and ensuring direct interaction between peers. The digital revolution has triggered a disruptive diffusion of the internet, technology, online communities, and new technological platforms. The sharing or collaborative economy is one economic system where assets and services are shared between private individuals and it is often facilitated by an online platform. Solutions based on blockchain technology as Smart contracts have started growing. 

Reading time: 5 minutes

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What is contract automation and why you need it

What is contract automation and why you need it

on June 24, 2022

In the business world, there is always scope for improvement. Many companies worldwide are adopting process automation as a key strategy to stay ahead in the run. This is especially true when it comes to contracts.

But what is contract automation and why you need it?

Every business has some sort of contract management process; a series of steps that encompass the management of an organisation’s contracts from initiation through to execution, storage, and renewal or expiry. At one end of the spectrum this process is completely ad hoc, whereas more sophisticated organisations spend time understanding how fit-for-purpose contract management software can be leveraged to drive competitive advantage.

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How Smart Legal Contracts can help General Council to innovate in corporate environments

How Smart Legal Contracts can help General Council to innovate in corporate environments

on June 20, 2022

As procedures become more digitised, how to build secure, and digital business agreements it’s become nowadays a widely discussed topic. Smart contracts are the ideal platform for business innovation and to enable sustainable business models. They are legally binding contracts, in which some or all of the obligations are recorded in and/or performed automatically by a computer program.  

Differently from traditional contracts, they are self-executing and self-enforcing and often can be deployed on distributed ledger technology, such as blockchain where data is stored on a public database, and cannot be changed. The transactions can be sent automatically without a third party to deal with the verification and enforcement of the contract.  

Tempo di lettura: 3 minuti

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trusted sales network

Developing a trusted sales network via smart legal contract

on June 7, 2022

Sales success requires a great deal of planning. From identifying and nurturing leads to renewing and retaining existing customers. While CRM platforms have managed to enhance sales efficiency and provide visibility, there’s still room for improvement.

We already know how essential business documents are for the multitude of tasks that distract reps from selling. Documents connect every area of a business and enable information sharing across departments. They’re also the source of almost all sales-related work and day-to-day tasks: 50% of knowledge workers’ time is spent creating and preparing documents, and 92% of professionals still collaborate on and review documents by email.

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