Smart Contracts in a Paper World
Smart contracts are defined as programming code that can verify, execute and enforce a set of instructions. This code relies on a predetermined set of input triggers. When the input triggers are met, then the transaction of the smart contract is fully executed (Nissen, Haller Grønbæk, 2017). Smart contracts and blockchain technology are both immutable and decentralized. All users of the blockchain validate the outcome of the smart contract.
Contract Management Technology – Why Value is the Biggest Prize
Contract management’s technological revolution: today’s biggest, most important news. Everyone’s looking for answers – but are they looking in the right place, for the right things? And could those answers be closer to hand than we think? In this special edition we introduce you to some of contract management’s greatest innovators and visionaries, who describe a new world where contracts are designed as instruments of communication, where hand-crafting is a thing of the past and where the value generated through contract management can be objectively measured.