Nowadays, businesses have to implement and maintain their own MDM (Master Data Management) systems. This requires significant financial, time and labor resources. Companies spend millions of dollars to transfer information to each other, using the services of EDI-providers.
We decided to create a platform on which data flows and information flows will be collected, plus a single registry will be created. All this will be stored in the blockchain and each participant of the platform will be able to take advantage of this. This will significantly reduce the financial, time and labor costs for the implementation of MDM and eliminate the need to use EDI-providers.
Today almost everyone gets your personal data for free. We will provide you an opportunity to benefit from giving you actual data to a certain provider – insurance company, bank etc via digital markets. Digital markets are platforms that connect suppliers and consumers of sets and data streams, providing high quality, consistency and security. Data providers allow the market to license their information on their behalf in accordance with certain conditions.Consumers can play a dual role by providing data back to the market. Third parties can offer solutions with added value over the data offered by the market.
We create a protocol that writes this data to the blockchain. Any platform user can find and use the necessary data.
ERPCHAIN solves the following problems in the ERP market:
- unification of customers and executors on a single platform with further work and the ability to buy / sell ERP information experts;
- Transfer of master data to the distributed registry, thanks to integration with all known ERP-systems;
- getting rid of the need to pay to an EDI intermediary;
- Creation of a protocol that records IoT data into the block system. Thanks to this, any participant can use it.
MEET THE TEAM
We have worked really hard and eager to showcase our exemplary innovation.
Name of the token: ERPToken
Ticker: ERPT
Amount: 250,000,000
Platform: Ethereum
As a basis for calculations between the employer and the executor, we use the ERPToken crypto currency. Thanks to ERPT it is possible to perform any operations for the purchase and sale of information / consultations and other services on the platform.
ERPT allows you to make international transactions.