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The video tutorial explains how the Boardwalk digital ledger efficiently manages contracts involving multiple contractors and users, enhancing visibility into spending and obligated funds. It begins with the opening screen of a Boardwalk digital enter template, where users log in to the Boardwalk environment. Upon logging in, authentication occurs, and the system fetches contracts accessible to the user. The user can then select a specific contract, such as combined analytics, prompting the ledger to retrieve relevant supporting data areas for further analysis. This process streamlines contract management and offers comprehensive oversight.