All posts tagged Blockchain
The global community faces an unprecedented challenge: combating climate change and transitioning to a sustainable future. Innovative solutions are required to address this urgent issue, and digital technologies have emerged as powerful tools in the fight against climate change. Among these technologies, blockchain, web3, and regenerative finance have the potential to make a significant impact on climate action and support the decarbonisation of our world.
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In the dynamic realm of blockchain technology, Avalanche shines as a beacon of innovation and promise. Renowned for its unmatched scalability and speed, Avalanche has captivated the attention of cryptocurrency experts and investors worldwide. Recently, on March 27, we were honored to engage in a dialogue with Martin Eckardt, a pivotal figure in the development of Avalanche.
Reading time: 5 min
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Open Banking is an innovative model for banks and the financial industry. We can define open banking as a digital technology that revolutionised banks and financial services. Its aim is to establish, support, and strengthen clients’ trust. It allows banks to offer more agile financial services to their customers, helping them to make better decisions, and save money.
When Open banking comes with contractual automation, it can reduce financial management costs.
Digital disruption, FinTechs and Regulatory compliance such as the Revised Payment Services Directive (PSD2) have accelerated the competition in the financial sector and forced banks to open and speed up their systems.
APIs are used for sharing financial data in the open banking ecosystem. Using API, banks can now remodel and innovate their core systems.
Reading time: 4 min
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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The legal sector is often considered one of the world’s most complex and traditional industries. It is an industry steeped in tradition for centuries, with many practices that have remained essentially unchanged for decades. However, despite the long-standing practices, the legal sector has faced several issues that make it difficult to access for many people. This post will explore how blockchain technology can make the legal sector more accessible and how Trakti’s smart contract automation platform can help you achieve this goal.
The legal sector is traditionally known for being complex and expensive, with many barriers to entry. However, blockchain technology can make the legal sector more accessible, transparent, and efficient.
One of the key benefits of blockchain technology is its ability to provide a secure, transparent, and tamper-proof record of transactions. In the legal sector, blockchain can be used to store and manage contracts, ensuring that they are executed securely and transparently. Utilising blockchain technology can increase trust between parties, reduce the risk of fraud and errors, and streamline the contract negotiation and management process.
Trakti’s smart contract automation platform takes the power of blockchain technology to the next level, by providing a user-friendly platform for contract negotiation and management. With Trakti, you can create, negotiate, and execute contracts using smart contracts, which are self-executing and self-enforcing. This means that you can automate many of the processes involved in contract negotiation and management, saving time and money while ensuring that the contracts are compliant and secure.
Trakti’s platform also allows for real-time collaboration between parties, which increases transparency and reduces the risk of misunderstandings. Trakti’s platform also offers customizable templates and workflows, making creating contracts tailored to your specific business needs easy.
By utilizing Trakti’s platform, you can make the legal sector more accessible by reducing the barriers to entry for contract negotiation and management. Trakti’s platform is user-friendly, efficient, and secure, making it an ideal solution for businesses of all sizes. Whether you are a small business owner or a large corporation, Trakti’s smart contract automation platform can help you streamline your contract negotiation and management processes, increasing transparency and reducing the risk of fraud and errors.
Blockchain technology has the potential to make the legal sector more accessible by increasing transparency, reducing the risk of fraud and errors, and streamlining contract negotiation and management processes. Trakti’s smart contract automation platform takes the power of blockchain technology to the next level, providing a user-friendly solution for businesses of all sizes.
So why wait? Sign up for Trakti today and start experiencing the benefits of blockchain technology in the legal sector!
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An onboarding process is articulated and requires planned coordination between the new employee and the diverse departments of a company. This process should be focused instead to facilitate the integration for the new hires and allow them to learn more about the organisation, the requirements of the new role, the new team, the values, and the philosophy of a company. Setting up an integrated and agile plan for new employees can improve productivity, retain the best professionals in the company, and reduce Human Resources costs.
Reading time: 3 minutes.
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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.
