Carmentis is an algorithmic trusted third party that allows fintechs, banks and financial institutions to automate
The protocol makes it easy to code a multi-party contract and automates
the resulting financial flows. It guarantees each party proper overall execution by disclosing only the information that concerns them.
Unlike a blockchain that maintains a global consensus, Carmentis ensures the consistency of the accounting status of multiple private contracts and
and automatically manages the encryption keys that allow each one to access the information intended for them.
Carmentis is experiencing its first commercial success with trusts and digital marketplaces.