Webinar 051618: Procurement, Best Value Sourcing and Smart Contracts with Blockchain and Cryptocurrency – A Glimpse of the Future

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  1. Specifics

    Date and time:  Wednesday, May 16th, 2018 2:00 PM ET- 3:30 PM ET (Eastern Time)

    Presented by: 

    Sam Adhikari

    Contact hours: 1 (Contact hour awarded based on registering and attending the live event)


    eProcurement and contract management will look very different if and when cryptocurrencies like bitcoin, and smart contract implementation with Blockchain become the norm. In this presentation we explain the concept of cryptocurrencies like bitcoin, and smart contract implementation with Blockchain. We also provide the participants a glimpse of how the future eProcurement, Best Value Sourcing, and Contract Management will look like with cryptocurrencies like bitcoin, and smart contract implementation with Blockchain. We provide real world examples and demonstrations to make the concepts clear and transparent to the audience. We also discuss the advantages and dangers of these technologies in the realm of supply chain, eProcurement, best value sourcing, and contract management. We finally demonstrate a prototype end-to-end procurement and contract management system using block chain and cryptocurrency (bitcoin) technologies.


    After completing this online training session, learners will be able to:
    1.  Understand the concepts of blockchain and cryptocurrency.
    2. Understand the concept of future eProcurement, Best Value Sourcing, and Contract Management with smart contracts implemented using Blockchain Technology.

    Presenter Bios

    Sam Adhikari received advanced graduate degrees from Stanford University, Temple University, and City University of NY. He performs data analytics related research at Stanford University. He leads the Sysoft eRFP implementation team involved in the development and support of Best Value Sourcing, Contract Management, and Vendor Performance Monitoring software tools. Sam specializes in Supply Chain Management with Blockchain and Artificial Intelligence technologies to reduce time to track products from days to minutes, best value sourcing, performance based service agreements, contract management based on smart contracts, and vendor performance monitoring. He has 30+ years of experience in supply chain management, analytics, and sourcing. Sam is a certified Information Systems Auditor (CISA) involved in helping procurement agencies secure data, systems, and knowledgebases.


    Attendance for Individuals

    In order to receive one contact hour, each member needs to register for the webinar individually in advance and then watch the live webinar. Your credit is tabulated by match between your login and your registration.

    Attendance for Groups

    There is a Group Sign-In Form provided with each webinar. The group sign-in form does not register anyone for the webinar, it just verifies live attendance. Each person will receive their login email on the day of the webinar – this verifies their registration. The group sign in form verifies that they watched the live webinar.
    Please contact distancelearning@nigp.org if you do not receive your login information by 12 pm on the day of the webinar.

Online Registration Closed – Please contact customercare@nigp.org for possible openings if you are interested in attending this class. For future event, please check later for pricing.

  • Registration Information

    Registration Deadline: Tuesday, May 15, 2018 at 11:59 PM EST - Registrations cannot be accepted the day of the Webinar.


    Registration is Online Only


    To register please scroll to the bottom of this page and click on the Register button. 
    The $190.00 non-member fee includes one full year of complimentary membership to NIGP for those that are eligible. Please call Customer Care at 800-367-6447 for more information.
  • All cancellations must be made in writing by emailing registrationinfo@nigp.org. Once the login email is sent, registrants that are non-members are not eligible for a refund. Registered participants who do not attend will not receive credit. Need to miss the webinar due to a last minute meeting? There is no need to cancel. You won't receive credit, but you will still receive all the handouts and the recording link.
  • NIGP Webinar Disclaimer

    The content of this webinar is intended for informational purposes only. It is not intended to solicit business or to provide legal advice. Laws differ by jurisdiction, and the information in this webinar may not apply to every attendee. You should not take, or refrain from taking, any particular action based upon the information contained in this webinar without first seeking jurisdictional guidance.