Solution overview

EY OpsChain-Contract Management is a blockchain network that helps participants transact with each other on a network using the blockchain protocol. The end-to-end solution cuts across functions and is thus complimentary, rather than disrupting existing flow of business. The solution is applicable to any industry plagued by challenges of trust and transparency and complexity of contractual calculations.

Solution benefits

Trust: Data transparency helps build trust among parties despite conflicting incentives.
Confidentiality: “Chained” data is immutable, increasing privacy and security.
Integration: All Microsoft Azure products seamlessly integrate with upstream and downstream systems through native application programming interfaces (APIs).
Scalability: Azure provides the opportunity to easily expand the solution across functions and geographies.
Stackability: The platform allows for additional applications to be added on the existing base.
One-stop Microsoft Azure solution: The solution provides all of the tools necessary to develop holistic blockchain applications, thereby reducing the overhead required.

EY OpsChain Contract Management

by EY Global