THELOGICALINDIAN - Business affairs over blockchain Fast Secure System to System automation
The SophiaTX aggregation has delivered and apparent a working Proof of Concept that demonstrates how companies can barter advice amid their action systems, such as SAP, application SophiaTX blockchain. As per SAP company, its software touches 74% of the world’s transaction acquirement and is acclimated by 87% of Fortune 2000 companies.
The affidavit of abstraction shows the adequacy of sending a array of abstracts and in the affirmation they advertise a chump balance automated alteration amid SAP systems. The chump balance was created anon in one SAP arrangement and again automatically transferred via SophaTX testnet to addition aggregation application addition SAP system. A abundant description of this example, as able-bodied as others, can be begin in the project’s whitepaper.
Blockchain allows the parties to transact in absolute time while acknowledging assurance and transparency. “The advice exchanges such as these can affix companies in abounding altered ways, drive cogent amount efficiencies and alike absolutely redefine how companies collaborate.” said Jaroslav Kacina, CEO of Equidato Technologies AG, the aggregation abaft SophiaTX.
The band-aid has been congenital appliance the SophiaTX API which encrypts the abstracts afore sending it to the blockchain. SAP Business One systems which are affiliated to the blockchain accept for admission messages; back a bulletin is accustomed by the applicant appliance the advice is decrypted and presented to the end user in a allusive way.
“The Affidavit of Concept uses all the architecture blocks which we accept architected in our solution” said CTO of SophiaTX, Martyn Harler. “Data is encrypted and beatific deeply over our testnet and again candy by the accepting arrangement in a amount of seconds. Using acceptable methods such as the Post or EDI would booty a abundant best time to process, the acceptable mechanisms additionally don’t accommodate the aegis which our band-aid provides or the affidavit of commitment which is built-in to the Blockchain technology.”
“The Proof of Concept acutely demonstrates the capabilities and adherence of our team, and best chiefly it’s a abundant starting point to appoint our abeyant barter in exploring acceptance of SophiaTX.” said Jaroslav Kacina.
About SophiaTX
SophiaTX is a blockchain belvedere and exchange for businesses of all sizes, and the aboriginal accessible antecedent belvedere to primarily accommodate blockchain technology with SAP and added action systems (video). As an accessible antecedent platform, it contains affiliation APIs to SAP and added action software, accoutrement arch ERP, CRM and SCM systems. SophiaTX blockchain is tailored for extending acceptable action applications and allows for the acceptable and about-face of accepted business models.
