Deal Actions: new extendable approach to negotiation and settlement

Introducing Deal Actions, a new module of the OilEx platform. This new functionality is integrated directly into the chat, adding a structured way to negotiate terms, keep track of progress, and close a deal in a singular view.

Actions are represented by simple cards, each active only at the right stage of a deal, so that while the system is powerful, it appears straightforward.

Action cards are sensitive to the context of a deal and aware of trading parties' responsibilities. For example, a confirmation of delivery from the receiving party will automatically confirm it for both sides. But when originating party claims a delivery, the system will take note, send a notification, and wait for a confirmation from the receiver.

Each complete action represents verified progress - a successful handshake between two or more parties involved in a deal. Actions are atomic and extendable, making it possible to dynamically add new actions for things like quality control, financing, certification, loading status, and more.

Under the hood, actions are structured similar to variable contract clauses opening the door for using DAML to integrate across distributed systems. An example would be enabling early payments with our supply chain financing partner RootAnt - once a buyer enables the integration, the producer can send an application to our partner's blockchain in a few clicks without the complexity of switching between online platforms.

'We are very excited about Deal Actions module bringing flexibility and natural points for extension to OilEx platform. We can't wait to see what we could build together integrating services form our current and future partners directly into the deal negotiation and settlement process.'
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- Florian, CEO