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Plus, blockchain makes new inroads in the B2B arena. Through integration with enterprise resource planning (ERP), the A2A solution enables a more seamless B2B payment experience for both buyer and seller while both sides also gain access to rich remittancedata, the company noted. Canada Taps Vocalink for Real-Time Rail.
For blockchaintechnology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributedledgertechnology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated.
Players in payments and commerce keep trying to get their heads around blockchaintechnology, seeking out use cases and striving to determine if the reality can ever live up to the hype. That said, blockchain is no silver bullet, to put it mildly. Answers are relatively slow in coming, and skepticism abounds.
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