All posts tagged Smart contracts
Companies can achieve better Blockchain mediation and arbitration with smart contracts. Blockchain’s capacity to expedite and simplify the entire commercial process will have a flow-on benefit to both the enforcement and procedural components of arbitration.
Reading time: 3 minutes.
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NFTs are business keys of the future “metaverse”. The Non-Fungible Tokens (NFT) indicate a digital certificate of authenticity to uniquely identify a digital product created on the internet.
Each NFT contains a unique serial number, known as a hash. This cryptographic key is generated from a specific digital file and makes NFTs traceable and incapable of duplication.
However, while technological progress advances, a review of the protection system is required to follow digital development and to guarantee legal protection, even to NFTs.
Reading time: 5 minutes
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Business requirements should inform every investment in new software and technological infrastructure. You don’t launch a new project, purchase a new piece of software, or develop a new process unless it’s in response to a core business need.
But understanding exactly what that need it can be a challenge in itself. It starts with learning how to align procurement with business requirements.
Taking the time to carefully identify, analyse, and document your core business requirements can lead to a smoother procurement process with an outcome that delivers measurable results.
Reading time: 4 minutes
Companies rely primarily on IT professionals to write the scripts needed to keep operations running smoothly.
What happens if there is a shortage of staff?
This issue can leave many organisations with interrupted or malfunctioning processes due to a lack of adequate staff and proprietary knowledge to solve the problem at the source.
The introduction of no-code automation platform resolves these problems, empowering teams of any skill level to manage IT operations seamlessly.
Reading time: 3 min
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Contract Management is a crucial step for any business and represents the key link between strategy and execution plans. Contracts are the most cardinal documents for each type of company, beyond its size and its industrial sector.
Managing contracts in a proper way can make a difference by providing organisational support and driving major improvements to the business’ goals without upending the strategy.
Contracts automation platforms can transform Contract Lifecycle Management.
Reading time: 4 minutes.
The adequate management of contracts is essential for the smooth running of any company. But contracts are too important to be processed and stored manually. This is why lots of companies are now going digital. In recent years, Contract lifecycle management software has transformed how businesses manage their contracts. Now, we’re looking towards the next step in contract digitalization. Today, we look into how to set up Contract lifecycle management (CLM) with the help of Smart contracts.
Reading time: 4 minutes.
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The term “Logistic Operations” is mostly used for the process of moving finished goods, starting from the manufacturer, and moving to the end user. But, even after the delivery of the goods, for returns and guarantees, it is part of the customer journey and satisfaction.
In traditional businesses, companies run their Logistic Operations internally and/or based on human trust or hard copy contracts/documents.
However, Globalization and the hype in e-commerce activities forced companies to partner with Contract Logistics for their expertise, or to innovate their Logistic Operations workflow.
Today, the latest trend is using blockchain technology in Logistics.
But how can blockchain technology in Logistics shape the future?
We will see in a short while!
Reading time: 4 min
