• About
  • Membership
  • Association
    • All Members
    • Working Groups
    • Chapters
    • Organizational Members
    • Discounts and Benefits
  • Resources
    • BMM
    • Web3 Solutions
    • Certified Training
    • GBA Training
    • IGF BAS
    • Voting
  • News & Info
  • Events
    • FOMGL
    • Volunteer to Speak
Sign in Sign up
  • About
  • Membership
  • Association
    • All Members
    • Working Groups
    • Chapters
    • Organizational Members
    • Discounts and Benefits
  • Resources
    • BMM
    • Web3 Solutions
    • Certified Training
    • GBA Training
    • IGF BAS
    • Voting
  • News & Info
  • Events
    • FOMGL
    • Volunteer to Speak

Contract Management Working Group

Public Working Group

Public Working Group

Active 3 weeks ago

Contract Management Working Group

The Contract Management Group studies opportunities to use... View more

Public Working Group

Group Leader:

Organized by
  • Profile photo of Robert Perry

Group Description

Contract Management Working Group

The Contract Management Group studies opportunities to use blockchain technologies to improve contract management and payment practices. The group is looking at a range of issues including chronic late payments and complementing late payment legislations, lack of auditable construction performance data, poor archiving practices, opportunities for fraud and a lack of transparency and trust.
Distributed ledger technologies and digital tokens for the first time allow the creation of new classes of decentralized business-to-business marketplaces and economies which will allow more efficient interactions between participants. Smart contracts can act to enforce payment agreements between parties and cryptographically protected public ledgers can capture these agreements and related transactions in a secure and auditable fashion. Native digital tokens can incentivize mutually beneficial behavior and ensure predictability and timeliness of financial transactions.

To achieve its objective, the group intends to bring together the key stakeholders from government, professional and trades associations and private sector impacted by the existing practices. Our group plans to solicit requirements and feedback from these groups and publish white papers, articles, and presentation materials to be made exclusively available to GBA members.

Leave Group

Are you sure you want to leave ?

Cancel Confirm
  • Members
  • Feed
  • Photos
  • Albums
  • Docs

Requesting the group members. Please wait.

Recently Active Members

Profile photo of Gerard
Profile photo of Matt
Profile photo of Kyle Mctague
Profile photo of Bill Elder
Profile photo of Steve Henley
Profile photo of Alejandro
Profile photo of Denis
Profile photo of Nina
Profile photo of bob miko
Profile photo of Michael
Profile photo of Scott
Profile photo of Linda Hutchinson
Profile photo of Grant
Profile photo of Dr. Christina
Profile photo of Matthew
See all
  • Call For Speakers – Future of Money, Governance & the Law
  • Blockchain Standards for Governments Acquisitions
  • Global Standards for Digital Asset Integrity – BMM Token Supplement
  • GBA–Asia Launches: Bringing Blockchain Standards to the World’s Fastest-Growing Markets
  • CESS Network Earns Blockchain Maturity Model (BMM) Level One Rating
© 2025 - GBA Global

Report

There was a problem reporting this post.

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.AcceptPrivacy Policy