Why do traditional supply chain processes need blockchain? Traditional procurement and supply chain processes can be manual, scattered, inefficient and complex. The use of blockchain in procurement ...

Marta Andhov received funding from the Carlsberg Foundation for the research project Purchase Power—Sustainable Public Procurement Through Private Law Enforcement (PurpLE). This article was developed ...

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which ...

Smart contracts are potentially one of the most useful tools associated with blockchain, and they can enable the transfer of everything from bitcoin and fiat currency to goods transported around the ...

Across the country, state and local governments are embracing procurement reform, ways to contract for goods and services faster, smarter, cheaper and more equitably. These efforts are often triggered ...