Definition ∞ Commercial Process Automation is the application of technology to streamline and execute business operations without manual human intervention across commercial functions. In the digital asset sphere, this involves using smart contracts, blockchain protocols, and other automated systems to manage transactions, agreements, and workflows. This automation aims to enhance efficiency, reduce operational costs, and minimize errors. It standardizes routine tasks, freeing resources for more complex activities.
Context ∞ Commercial process automation is a key driver in news regarding enterprise blockchain adoption and the digital transformation of traditional industries. Reports often detail how distributed ledger technology is being applied to supply chain management, cross-border payments, and digital identity verification. Discussions around the efficiency gains and security improvements offered by automated, blockchain-based processes are central to understanding the evolving landscape of digital commerce.
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