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Contract life cycle managementBlockchain, as a distributed platform, allows for the deployment of a software code called smart contracts (SCs) that can be used to create next-generation. The next-generation Contract Lifecycle Management software by Infosys BPM takes a centralised approach with complete visibility for all the stakeholders. It. Contract Lifecycle Management is a process that manages a contract throughout its lifecycle, from creation to termination. CLM involves various stages such as.