R3 and Fifth9 have been working on enabling IoT devices to interact with each other and exchange a service, and a payment for that service, with all interactions recorded irrefutably. The Used Case aligns naturally to smart cities enabling IoT devices owned by separate parties to interact but also for companies who need their IoT devices to not only record data but also trigger actions.
Based on our experience in this project and Fifth9’s 10 year + experience in the Telco IoT space, we have written a joint blog on how IoT, Blockchain and 5G can work together to provide real value to businesses and consumers.
You can read the article here.
Fifth9’s Head of Digital Process, Phillip Harrison, had the pleasure of speaking at Bloomsbury Gallery’s Art and Blockchain exhibitionon 26 February 2020. The event, entitled ‘Empowering Technologies in 2020’, was a series of presentations around real-life projects using technological solutions and can be implemented in real world scenarios — all adding clear value to end users.
Phillip spoke about how Digital Identify can remove the need to know your phone number, change ownership of data back to the user & simplify painful processes such as buying a phone contract, taking out a mortgage and even lead to a C2C market.
We are excited to be part of London Blockchain Summit 2020!
From 5 to 6 March, we will be at 8 Northumberland Avenue from 9am to 6pm, so come by our booth to find out first-hand what we have been busy with.
Our Managing Director, Yakeen Prabdial, will be giving a keynote speech on Distribute Broker of Digital Assets (6 March at 9.45am).
See you there!
Fifth9 has teamed up with Clause to power our Price Manager solution to help companies tackle value leakage in their contract management cycle.
Companies lose 9% of revenue annually from poor contract management, according to the IACCM. This 9% amounts to the loss of a staggering $2.5 trillion for Fortune’s 2016 Global 500 companies.
Clause has recently published a blog article on Fifth9’s Price Manager, highlighting the development of Smart Commercial Contracts and how our solution is built to mitigate and resolve such loss through contract automation.
Read the article here: Smart Commercial Contracts: Price Manager by Fifth9 and Clause by Clause.io
Learn more about our fifth9 Price Manager here: Introducing Fifth9 Price Manager – The Solution to Value Leakage
Get in touch if you want to find out more.
Fifth9 are thrilled to announce the launch of their solution to value leakage — the Fifth9 Price Manager.
Due to contract value leakage, companies can lose on average 9% of revenue annually. This can equate to a massive amount of revenue slipping away.
Fifth9 Price Manager is a bespoke automated platform for your contract management cycle. It is capable of linking natural language contract text to rule-based logic. This can then be used to instantly identify value leakage on contract completion, as well as automatically trigger actions on contract execution.
Its capabilities include:
- DocuSign integration
- Workﬂow management integration
- Creation or importing of existing contracts in any format
- Natural language to automated action mapping functionality
- Automated Value Leakage management
- Contract rule action execution
Get in touch if you want to know more!
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