D-Engraver
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D-Engraver

Blockchain application series | Blockchain in contract lifecycle management

The benefits of using blockchain in legal services are three folds. First, the blockchain serves as a distributed data storage system that is naturally suitable to store data or information for multiple parties. Since many complex legal transactions involve multiple parties, this makes the blockchain a suitable candidate to supplement the current data infrastructure. Second, the blockchain allows data security at the highest level, not only the data on the blockchain cannot be altered, its security is also not dependent on a…

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