ERP systems provide an integrated suite of applications for an enterprise to manage resources, control supply, purchasing and sales operations and provide operational and financial control of the business. Applications would typically include Inventory and Supply Chain Management (SCM), Customer Experience (CX), AP, AR and Financials and human resource management. This article will look at…
As we have seen, blockchain and distributed ledger technology offer several key advancements over existing technology – secure ID verification and disintermediated execution of encrypted and tamper-proof records, ability to transact and record high volumes of transactions with low costs, as well as avoidance of a centralised database being the single point of failure due…
The previous blog provided an overview of the principles of blockchain and distributed ledger technology, their different forms, benefits and drawbacks and a summary of potential areas for adoption. In this article, I’d like to highlight some emergent applications of this disruptive technology specifically within the Financial Services and FinTech sectors. The initial application of…
Most have heard of the rise of blockchain and its potential for disruption to the existing central banking structures and hierarchies, removing the need for costly and slow intermediaries in between parties executing transactions. It has gained international prominence (and some say notoriety) via cryptocurrencies. But future applications for blockchain technology and distributed ledgers are…
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