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About
Procurement is the primary function through which organizations interact with external business partners. While supplier and buyer networks alike have become increasingly complex, the technology used to manage these networks is based on legacy applications and processes. Procurement teams are very good at negotiating agreements but struggle to effectively execute them. Historically, legal, procurement, supply chain, and finance have all operated in a loosely coupled and internally optimized environment inside the enterprise, and traditional ERP systems struggle to handle business rules and volume discounts in procurement across multiple divisions, subsidiaries, and partners. The complexity of today’s contract execution requirements creates a material amount of contract leakage for large organizations, resulting in a gap between negotiated and realized savings.
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About
Bitcoin Lightning Network. Instant Payments. Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating a on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds. Scalability. Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians. Low Cost. By transacting and settling off-blockchain, the Lightning Network allows for exceptionally low fees, which allows for emerging use cases such as instant micropayments. Cross Blockchains. Cross-chain atomic swaps can occur off-chain instantly with heterogeneous blockchain consensus rules. So long as the chains can support the same cryptographic hash function, it is possible to make transactions across blockchains.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Companies interested in a blockchain platform that helps run procurement activities using tokens and Smart Contracts on a public blockchain network
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Audience
Blockchain developers interested in a layer 2 solution for Bitcoin that enables faster payments, lower cost, and scalability
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationEY
United Kingdom
www.ey.com/en_us/blockchain-platforms/contract-manager
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Company InformationLightning Network
Founded: 2015
lightning.network/
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Alternatives |
Alternatives |
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Categories |
Categories |
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Integrations
1ML
Alchemy Pay
Breez
Build on Bitcoin (BOB)
Coinos
Damus
Eclair Mobile
Electrum
Etleneum
Exodus
|
Integrations
1ML
Alchemy Pay
Breez
Build on Bitcoin (BOB)
Coinos
Damus
Eclair Mobile
Electrum
Etleneum
Exodus
|
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