Smarter Contracts

Contact

Wayne Lloyd

CEO

wlloyd@smartercontracts.co.uk 86-90 Paul Street, 3rd Floor, London, EC2A 4NE

www.smartercontracts.co.uk smartercontracts

Company Introduction

Smarter Contracts has built a data privacy, consent and data permissions management platform - Pulse. It provides businesses and organisations with a real-time view over how they should process and share their customers data. It uses the inherent features of blockchain and machine learning to unlock greater personalisation and insights without compromising the standards of compliance that regulators demand.

We currently have 21 employees who are all predominantly based in the UK. We have a late seed funding round open for £2.5 million and have so far closed just over 10%. The funding will allow us to scale given that we have built our platform to an enterprise ready and institutionally secure standard.

Current activity in Hong Kong

Smarter Contracts is in conversations with banks that have a presence in Hong Kong. We are integrating our software into a global payments company that does have operations in South East Asia.

Our founder has worked in Hong Kong and Asia for a number of years previously and given that our software is now fully operational we’re looking forward to growing a footprint there once again.

Hong Kong expansion plan and motivation

Hong Kong and Mainland China are currently operating under the strictest data protection laws in the world. For this reason our primary objective for entering is to help organisations operating in that market achieve the highest levels of compliance at all times. By doing so, we believe we can help its citizens take control over their data in line with the requirements of the privacy ordinance.

Due to funding we do not yet have a defined growth plan and our focus has been the UK and EU but we know that if we are able to unlock demand in that region we would scale and grow into that region with speed. There are currently no organisations doing quite what we do in the privacy space so it presents a great opportunity for us.

Company’s objectives for the Hong Kong market

Smarter Contracts’ objective is to provide the region with a consent management platform that allows them to achieve the highest levels of compliance in line with Hong Kong’s privacy ordinance and PIPL.

By integrating Pulse into large and medium sized organisations operating under these strict data protection laws we would be able to develop new product features that would further improve Pulse and the standards of compliance for businesses in Hong Kong.