With the Icertis Blockchain Framework, companies can seamlessly deploy innovative contract solutions based on permissioned, standards-based blockchains.

Our customers are leveraging third-generation distributed ledger technology to address real-world business challenges, such as ensuring sustainability across global supply chains, maintaining compliance with complex supplier diversity programs, or even making true outcome-based pricing a reality.

Capabilities of the ICI Blockchain Framework

By combining the power of the ICI platform with our blockchain framework, customers can:

  • Deploy a permissioned, standards-based blockchain within the core ICI platform on Microsoft Azure
  • Record specific transactions based on rules and metadata including clauses, associations, obligations, and entitlements
  • Add oracles, notaries, and other trusted data sources (e.g. Dun & Bradstreet, Thomson Reuters, exchange rates, etc.)
  • Define smart clauses for specific contract types that will trigger actions based on changes to the state of a contract or obligation
  • Exchange information with existing, standards-based blockchains
  • Monitor and manage the solution with the advanced analytics of the ICI platform

Benefits of the Icertis Blockchain Framework

  • Open, fast provisioning based on our Icertis blockchain toolkit
  • Lower power consumption with third-generation blockchain technology
  • Immutable, private contracts encourage adoption across complex networks of customers, partners, and other stakeholders
  • Improved traceability and transparency between partners, leading to reduced risk and better compliance
  • Self-executing smart contracts reduce the risk of missed obligations & overpayments, without the extra overhead of manual review

DON’T GET
LEFT BEHIND

74% of companies see a “compelling business case” for the use of blockchain technology

-Deloitte 2018 Global Blockchain Survey of 1000 Companies

How Icertis Can Help

Seamless Prototyping:

  • Quickly deploy an environment to experiment with contracts & blockchain
  • Easily test experimental configurations & scenarios
  • Build customer user interfaces for controlling visibility & access

Production Deployments

  • When you’re ready, Icertis can quickly provision a production-quality permissioned blockchain, that includes smart contracts and automatic execution.
  • Icertis will act as the neutral third party to create real-world solutions that support supply chain management, regulatory compliance, and social responsibility programs.
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Gartner Newsletter – The Value of Smart Contracts Managed on the Blockchain

Before legal departments can experience the value of advanced technologies like blockchain and smart contracts, they must first set the foundation and grow the department’s maturity in contract lifecycle management (CLM) technologies.

Icertis is leveraging blockchain for Mercedes-Benz to address global supply chain sustainability

Icertis Blockchain Framework TW

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