Blockchain and licensing contract

We ensure the integrity of the licensing contract thanks to the Blockchain and its Smart Contract technology.

Benefit from the blockchain technology without using a third party

During a data transaction, a licensing contract is generated between the acquirer and the data provider. We developed a Smart Contract, published in the Ethereum Blockchain, to offer a service that provides guarantees of integrity and authenticity to the licensing contract signers.

  • Integrity of the licensing contract
    Blockchain properties prevent the contract from being modified after signature.
  • Simple and direct verification
    Thanks to the localisation of the Smart Contract, provided by Dawex, both the data provider and the data acquirers can check, at any given time, that the licensing contract copy they have in their possession is the one corresponding to the transaction.
  • Transaction confidentiality
    The digital signature and the licensing contract ID are the only information stored in the Blockchain. The identities of both parties participating in the transaction are protected.

5 steps to guarantee the integrity of the contract

blockchain-schema1

 

Our Smart Contract is open source

We chose to make our Smart Contract code available on GitHub.

github

Verification of the licensing contract integrity

Learn how the acquirer, the provider or Dawex can check that the licensing contract copy they have in their possession is the one corresponding to the transaction.

blockchain-schema2

 

Grasp the latest news on Data Exchange

Receive quarterly insights, analysis and perspectives on the development of the data economy, the creation of data ecosystems, data exchange success factors and data marketplace business benefits.