CODEFI WORKFLOW
Blockchain-Anchored Business Process Automation
Connect data and run business operations digitally across multiple organizations.
Overview
All about automation and optimization
Large corporations and financial institutions face numerous challenges while coordinating projects with their affiliates. Traditional systems require frequent data reconciliation and are costly to maintain, often resulting in human error, manipulation, and potential for fraud. This is where Codefi Workflow comes in.
Modern network
Connect multiple systems across several institutions to create a unified business process lifecycle.
Digitally-native operations
Optimize workflows and protect against data breaks and manipulation with secure process automation, verifiable proofs of execution, and streamlined information sharing.
Product Benefits
Privacy by design
Define permission settings
Give users, organizations, and ecosystem participants unique permissions. Share data on a need-to-know basis.
Track asset ownership
Leverage cryptographically secure real-time transaction audit trails.
Definitive and consistent data
Enhance data integrity
Remove data silos, avoid double entry, and eliminate manual reconciliation.
Guaranteed consistency of records
Align data across business processes and ecosystem participants.
Full-stack blockchain integration
Complete product offerings and support
Integrate our software across your tech stack, from infrastructure and protocol to business case-specific applications.
System interoperability
Connect your blockchain solution to existing business systems and wider networks, including the Ethereum mainnet, with our APIs.
Product Features
Deploy your blockchain solution and start growing your business
Codefi Workflow provides the foundational business logic to automate business processes and enable digital assets, decentralized applications, and blockchain payments.
Multi-Party Business Process Execution
Automate business processes between network participants with verifiable proofs of execution. Onboard users and configure application settings according to role permissions.
Organization Registry
Manage organization identity using DID (Decentralised Identity), interact with other ecosystem participants, provide verifiable credentials, and store and share private data upon request.
Data Management and Exchange
Guarantee consistency of records, design data privacy settings for different network participants, configure data formats for your use case; and store data and documents locally or on your business cloud.
Secure, Encrypted Intercompany Messaging
Share data through a messaging layer, private bilateral or multilateral channels for secure messaging.
Data Oracle and Anchoring
Anchor data on-chain and share with relevant ecosystem participants with verifiable proof. Publish public data on-chain. Audit network activity and verify proofs on-chain.
Covantis
Covantis partnered with Consensys to create a global network for the efficient execution of bulk agricultural trade operations. The Covantis platform relies on Codefi Workflow to facilitate document sharing across participants through its chat and messaging functionality.
The Baseline Protocol
Industry leaders including EY and Consensys, donate code to public domain through non-profit standards body, OASIS, and join fourteen founding organizations to further develop Baseline Protocol.
Product Resources
Major trading companies around the world are recognizing the transformative impact of Ethereum blockchain technology in operating global supply chains, managing trade finance, and unlocking new business models.
A webinar covering the complexities of multi-party processes, common pain points, and how Consensys is leveraging Ethereum technology to streamline business process automation.
A webinar covering the real strides that have been made in digitizing, securing, streamlining, and ultimately accelerating operational processes across global trade markets.
