SmartLedger Platform for Contract Management

Expertise:

Backend

Frontend

Business Analyst

QA

DevOps

Designer

Tech Stack:

Node.js

React

MongoDB

Client: A global insurance company

A global insurance company facing challenges in managing complex claims involving multiple external entities, with significant manual effort required at each stage of the claim assessment process.

About the Client

Developed a SmartLedger platform using DLT to streamline claims management by connecting all entities in a secure network, enabling real-time multi-party transactions while maintaining data confidentiality and integrity.

Project Overview

Challenges & Objectives

Siloed administration systems
Risky data sharing via email (potential loss/breach)
Long-term auditability concerns
Labor-intensive interaction with multiple systems
Need for secure, tamper-proof record keeping
Requirement for seamless system integratio

Implementation

01

Built distributed ledger platform connecting all stakeholders
02
Implemented SmartLedger technology for:
- Secure, confidential data exchange
- Real-time transaction processing
- Immutable audit trails
03
Developed features ensuring:
- Data integrity (no unauthorized alterations)
- Complete audit transparency
- Flexible API-based integration

Outcomes & Business Impact

Eliminated silos through integrated systems
Replaced risky email sharing with secure data exchange
Established unquestionable data integrity
Created complete, transparent audit trails
Enabled flexible system integration via open APIs
Reduced operational expenses and errors
Minimized litigation risks from improper claims handling
Laid foundation for future ecosystem expansion

The SmartLedger platform transformed the client's contract management processes by introducing secure, efficient and transparent operations across their entire business network.

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