Blockchain in CLM: Can Smart Contracts Replace Traditional Ones?
Blockchain in CLM: Can Smart Contracts Replace Traditional Ones? Introduction In the modern business environment, contracts are foundational. They govern relationships, outline obligations, and secure value exchanges across every function—procurement, HR, sales, compliance, and beyond. Yet for all their criticality, contracts have historically remained burdened by inefficiencies: manual processes, opaque terms, legal bottlenecks, and high…