📃 A Platform for Creating Smart Contracts
Data Gumbo and how it provides users a network for building and executing their own smart contracts in an efficient manner
Today's Highlights
- Data Gumbo - building smart contracts efficiently
- Today's Infographic
- In Other News - a few interesting developments we're tracking.
Data Gumbo - building smart contracts efficiently
Data Gumbo provides a network for users to build, negotiate and execute their own smart contracts. As a neutral third-party, they supply the blockchain technology and infrastructure for companies to build and operate their own contracts. Data Gumbo empowers enterprises and their business networks to transact securely, increasing operational efficiencies, accountability, transparency, and cash flow certainty. With a distributed ledger technology, Data Gumbo’s smart contract platform, GumboNet, utilizes real-time IoT sensor data, reducing friction to deliver streamlined operations and transactional certainty while maintaining security controls to protect its customers and their network.
GumboNet is the only smart contract network of enterprises and their customers, suppliers and partners that successfully incorporates real-time sensor level and field data to validate transactions. GumboNet reduces costs by more than 10% by automatically eliminating payment delays, disputes and complicated reconciliations. GumboNet stands out from competing solutions because it is a single network, not a point solution built for a single customer and rolled out to that customer’s supply chain. By maintaining the network as a neutral 3rd party, Data Gumbo ensures interoperability of smart contracts, uniform collection of source data and standardized formats and metadata for transactions. Subscribers to GumboNet also gain access to a growing library of smart contract templates which they can use as-is.
DataGumbo has introduced GumboStore, the first industry-grade smart contract marketplace. GumboStore enables companies to easily create, deploy, publish or license intuitive smart contract templates to eliminate transactional and informational friction in commercial relationships. GumboStore makes smart contracts accessible to companies wanting to streamline operations and automate contractual relationships without having to code.
Andrew Bruce is the founder of DataGumbo. DataGumbo has raised a total of 26.7M in funding.
🧐 Today's Infographic
In Other News
Prashant Jha
Christian Encila
Gareth Jenkinson