In our recurring “Meet the Clients” series, we put our clients in a well-deserved spotlight and ask them all about their passions and ambitions, their industry and solution, and their experience of partnering up with Lizard Global. Last time, we introduced you to GrowTribe Solutions, a brand new partnership between Lizard Global and the HR specialists of PeopleHive. This week, we dive into the industry of finances, and financial technologies (FinTech) in particular. We take a look behind the scenes of the soon to be released Contract Chain web app, our cutting-edge smart contract solution. We have a talk with Lizard Global’s stakeholder and legal advisor Marielle and our CEO Jeremy, who both played a core role in the creation of Contract Chain.

Let’s start off with an introduction: who are you? What do you do?

Jeremy: “My name is Jeremy, and I'm the CEO of Lizard-Apps, now Lizard Global, and along with Guido van Beek, co-founder. My primary responsibility within the company is to motivate and inspire the Lizard team, as we would not be where we are now without them. I consider it my responsibility to be Lizard Global's ambassador, bring in new clients, and ensure that the team has everything they need to provide the best possible solutions to our customers and end users.”


Marielle: “I’m Marielle, stakeholder and legal advisor of Lizard Global. Since the start of Lizard Global, back then known as “Lizard Apps”, I strongly believe in the potential of Jeremy and Guido to produce remarkable products. With the right resources and support, they can help many businesses in their digital transformation.”

Tell us something about Contract Chain

Jeremy: “Contract Chain is a SaaS platform that makes it much easier for organizations to write, share, negotiate, and manage contracts. Security and trust are paramount, and a cornerstone of the application. Some important security features include high-level encryption and 2 factor authentication. All contracts in Contract Chain are hashed in the blockchain as an impermutable record.”

What problems did customers face that made you consider developing a digital solution?

Marielle:“Currently, customers have to be continuously informed about how their personal data is collected and maintained by companies. These companies are responsible for the processing and storage of personal information on the internet. In order to make sure all internal processes are handled securely, companies need to make sure to store all data in a so-called processor agreement. This can be done on paper, but organizations with a lot of processing agreements have a hard time keeping track of everything and making sure everything is up to date.”


Jeremy: “The process of signing and securing contracts can be cumbersome and time-consuming. This asked for a sustainable solution which both simplifies the process of managing digital contracts, as well as optimizes the protection of all user data.”

contractChain

How did you come up with Contract Chain as a digital solution for your customers?

Jeremy: “Online data security is becoming increasingly important, particularly when it comes to sensitive legal papers. Blockchain technology provides a safe way to ensure that documents aren't tampered with along the route, and that all signees can afterwards be verified. Because Lizard Global already had some experience in developing applications running on blockchain technologies and working with smart contracts, they were a perfect partner for the development of Contract Chain.”

How did you experience working together with the team of Lizard Global?

Marielle: “Not only is the Lizard Global team experienced and skilled with the latest technologies. They also place themselves in the shoes of the client to reach the best possible result. They work together with the client, always looking for ways to improve the solution, instead of simply producing and delivering a product.”

In what ways did Contract Chain solve the problem you/your customers are facing?

Marielle: “Contract Chain is still in the production phase, and Lizard’s developers are working hard to continuously optimize the product to achieve the best possible results. We strongly believe in the benefits it can provide for its users. After all, I’ve been using the app myself for a while now, with success.”

Where do you see Contract Chain in 5-10 years?

Jeremy: “The product is going online for the public to use quite soon, and we’re excited to see the first results of our hard work. We believe that smart contracts are the future of safe and efficient contract signing, and hopefully Contract Chain will become the standard for writing and managing contracts, fulfilling a leading role on the smart contract market.”

Meet more clients!

Want to read more about our partners, their applications and their experience of working together with Lizard Global? Check out Nicole’s interview about her app “Retiink”. Have a look at “Globiz”, the digital business card application we developed together with Stefan and Carmen. Find out more about our partnership with Transvision and the development of VaxiTaxi, or get to know Ferdi, founder of Flexpackerz and long-term partner of Lizard Global.


Keen on partnering up with Lizard Global and having your very own interview and business success case obtain a place in the spotlights on our website? Get in touch, and let’s get to know each other!

Frequently asked questions

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01

What is FinTech?

FinTech stands for Financial Technologies, and concerns the digitization of financial services and institutions. FinTech forms a core vertical at Lizard Global, and we’re experienced in the guidance towards the digital transformation of financial businesses.

02

What does digital transformation mean?

Digital transformation defines the shift from offline to online. This can include any element of our society, among which the business world. At Lizard Global, we guide our clients through the process of digitizing their business processes in order to increase productivity and stimulate long-term growth.

03

How does a digital transformation work?

When a business decides to digitally transform their organization or specific business processes, they do so by partnering up with professionals who can both create the needed software and guide them through the process of getting familiar with this software. This isn’t an overnight process, and it requires practice and adaptation to see results.

04

What does digital transformation in financial services look like?

- Online banking, or e-banking
- Digital insurance services
- Cryptocurrency Trading and Management
- Digital investment and loans

05

What is blockchain technology?

Blockchain is a data transaction technology that provides a strong security by making it difficult to change, hack or cheat the system. A blockchain can be seen as a digital ledger of transactions that is distributed across the entire network and systems on the blockchain.

06

What are smart contracts?

A smart contract is a digital agreement in computer code, managed by blockchain. The code possesses a set of rules under which the owners of a smart contract agree to interact with each other. When these rules are met, the contract is automatically executed.

Hey there, can I help you?

Did you like the blog above, but do you still have some questions about the subject or related topics? No issue! You can easily contact one of our Lizard specialists on these specific topics, and they gladly tell you more about it. This way, you’ll never leave with uncertainties.

MARKUS MONNIKENDAM

Global Commercial Director | markus@lizard.global | +60 18 35 65 702

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Let’s talk!

Do you have a question about one of our services, our methodologies, our projects, or perhaps something else? Get in touch! We’re always in for a chat and we gladly help you with your questions.

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Meet the team!

The Lizard Family is a close team of dedicated professionals, from UI/UX designers and developers to product owners, project managers and commercial experts. Curious about our current Lizard team? Get to know us!

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Time for coffee!

Want to skip the digital small talk and get to business? We’re always excited to meet innovative minds and hear about your ideas, with a coffee on the side, of course.

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