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CFO Insights — Getting smart about smart contracts

Published on: Jun 16, 2016

Blockchain technology is generating significant interest across a wide range of industries. As the field of applications grows, industry leaders are customizing and tailoring the technology to fit very particular uses.

Blockchain-based smart contracts self-executing code on a blockchain that automatically implements the terms of an agreement between parties are a critical step forward, streamlining processes that are currently spread across multiple databases and ERP systems.

In this issue of CFO Insights, we examine two blockchain-based smart contract use cases (1) securities trade clearing and settlement and (2) supply chain and trade finance document handling that carry important lessons for business and technology leaders interested in smart contract applications.


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