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What is EY OpsChain Contract Manager?

Procurement acts as a critical link for organizations to connect with their external business partners. As the networks of suppliers and buyers become increasingly intricate, many organizations find themselves using outdated technologies and processes to manage these relationships. Although procurement teams are adept at negotiating favorable contracts, they often struggle with effectively implementing them in practice. Historically, the functions of legal, procurement, supply chain, and finance have worked in silos, focusing on optimizing their individual processes without any unified integration. This situation is exacerbated by traditional ERP systems that fail to efficiently handle business rules and volume discounts across multiple divisions, subsidiaries, and partners. As a result, the growing complexity surrounding contract execution leads to substantial contract leakage within large organizations, causing a noticeable gap between negotiated savings and the actual savings realized. Therefore, it is essential for organizations to reassess their procurement strategies in order to bridge this gap and improve overall operational efficiency. By adopting more modern and integrated approaches, businesses can better align their procurement functions with their broader operational goals.

What is Cartesi?

Develop smart contracts using widely adopted software frameworks to transition from Solidity into the broader landscape of software tools on Linux, marking a significant step forward. This shift enables exceptional computational scalability, facilitates access to large datasets, and guarantees low transaction fees, all while preserving the robust security features inherent to Ethereum. Whether for gaming platforms that protect player data or corporate solutions managing sensitive information, your decentralized applications can effectively safeguard user privacy. Descartes performs extensive computations off-chain by utilizing a Linux virtual machine governed entirely by a smart contract, ensuring efficiency and reliability. The results of these computations are validated and enforced on-chain by trustworthy Descartes node operators, thus maintaining the strong security guarantees offered by the underlying blockchain. By successfully addressing Ethereum’s scalability limitations, you can realize computational efficiencies that far exceed previous benchmarks, all while upholding the blockchain’s security integrity. This progression not only improves the user experience but also expands the array of possible applications for decentralized technologies, opening new avenues for innovation and collaboration. As the technology evolves, it paves the way for more sophisticated and diverse decentralized applications, further enriching the ecosystem.

Media

Media

Integrations Supported

Integrations Supported

1inch
1inch Wallet
Atomic Wallet
Base App
Changelly
CoinMarketCap
Coinbase
Delta
Guarda Wallet
IDEX
Knit
Messari
MongoDB
MySQL
NGINX
Poloniex
Trust Wallet
Upbit
coinone

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Linux

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

EY

Company Location

United Kingdom

Company Website

www.ey.com/en_us/blockchain-platforms/contract-manager

Company Facts

Organization Name

Cartesi

Date Founded

2018

Company Website

cartesi.io

Categories and Features

Smart Contract

Not specified

Categories and Features

Blockchain

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

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