SYSTEM AND METHOD TO MANAGE A CONTRACT BETWEEN A PLURALITY OF PARTIES

Abstract: a system to manage a contract between a plurality of parties is disclosed. the system includes a processing subsystem including a contract generation module to generate a contract between parties. the contract includes predefined conditions. the parties includes a brand, an influencer and followers. the processing subsystem includes a compliance module to invoke the predefined conditions based on at least one of a geographical location of the influencer, and a type of the influencer. the compliance module is to evaluate an advertisement revenue based on the predefined conditions, and an engagement score of a social media post made by the influencer. the compliance module is to generate second non fungible tokens based on the advertisement revenue to append the same into the blockchain network. the processing subsystem includes a transaction module to issue a receipt of a transaction upon performing a transaction.

Inventor(s): RAVNEET SINGH

CPC Classification: G06Q20/1235 ({with control of digital rights management [DRM]})

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