26/11/2019
Sophiq is a Blockchain-based Collaborative Process Control Platform.
Our disruptive solution is the first implementation that leverages blockchain for collaborative process ex*****on and monitoring. Sophiq has adopted blockchain technology to address the lack-of-trust problem in collaborative business processes.
We have developed an approach to map a business process onto a peer-to-peer ex*****on infrastructure that stores transactions in a blockchain, offering the following benefits:
A. We provide a monitoring facility that integrates an automatic and immutable transaction history.
B. Smart contracts can be used as a direct implementation of the mediator process control logic.
C. We obtain an audit trail for the complete collaborative business processes, for which escrow and conflict resolution can be enforced automatically.