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5 Steps to Sign and activate a Smart Legal Contract

on October 8, 2021

Contracts are fundamental for all transactions in the business world. But the recent market turmoil has highlighted the importance of digitalization of processes and adequate risk management.

In “conventional”, physical legal contracts, parties usually sign them with a handwritten/electronic/digital signature, depending on the form of the contract.

But as far as legal smart contracts go, how do parties sign and validate them? How can part B show its consent in adhering to part A’s smart contract? Are private and public keys used here?

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Building the ethical and sustainable supply chain of the future

on September 27, 2021

We’re stepping into the next stage in consumer-business relationships. As consumer awareness of environmentally friendly practices increases, companies need to enact significant changes towards building the ethical and sustainable supply chain of the future. One that ensures sustainable sourcing, manufacturing and product distribution.

In this article we explore 6 concrete steps to make your supply chain more ethical and sustainable.

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What is the Role of a Contract Manager

on September 10, 2021

It can be mind-boggling to think about the thousands of processes and tasks that happen in the back of a company’s business operations. One such process is contract management. Effectively managing a large volume of contracts can be a challenge, and doing a poor job of it can be a costly mistake.

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How Smart contract tokenization rewards align your employees to your company

on September 7, 2021

Smart contracts have been designed to automate the execution of an agreement and allow parties to agree with the outcome of an event without the need for a central authority.

With the help of smart contract tokenization rewards, companies can effectively keep their workers in the loop and timely appreciate them for their efforts.

More and more companies are turning to smart contract automation, with the objective to overcome operational challenges and enhance employee productivity. 

Reading time: 4 minutes. Photo by Daniel J. Schwarz on Unsplash.

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How to write a business proposal for a successful deal

on September 3, 2021

Sooner or later you’re going to write a business proposal, either because someone asked for it, or because you want to make a persuasive case that leads to a sale. Where do you start? How to write a business proposal? What are the rules? Since one of the goals of a business proposal is to persuade a potential customer to do business with you, it is important that you answer all questions.

Not only are you trying to present your business to potential customers and talk it up, but you are also trying to make a lasting impression on your prospect. So you want to ensure the proposal does its job- acting as a formal and efficient selling tool.

Photo by Christin Hume on Unsplash

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