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Smart Contracts Procurement

oboloo Glossary

Smart Contracts Procurement

Smart Contracts Procurement is a process of managing transactions, agreements and contracts between two or more parties using distributed ledger technology. It is a revolutionary way to handle procurement that eliminates the need for paper documents and manual processes by utilizing digital automation to securely transfer funds, track payments, manage disputes, and enforce contract terms. With Smart Contracts Procurement, buyers and sellers can be sure that pieces of the puzzle fit together quickly and accurately in order to execute deals faster and with fewer errors.

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