How Distributed Ledger Technology is transforming industries
Business disruptors are businesses that find ways to provide a valuable product or service to their customers, often creating new business models and markets. Distributed Ledger Technology (DLT) is a highly disruptive technology, one that can help businesses or entire industries transform business operations and create innovation. DLT removes intermediaries, reduces risks, increases transparency and security and creates new business models based on the collaboration and shared values of a partner ecosystem. The technology can automate commercial contracts, supply chain and procurement processes, whilst guaranteeing the accuracy of data and transactions. Tokenised transactions for payment and reconciliation, can track information provenance and compliancy and automate business processes through smart contracts leading to operational efficiency and cost-effectiveness as well as increasing revenues through the creation of new innovative use cases.
1. Smart contracts automate manual tasks
Increased speed of business processes Increased process accuracy
2. Smart contracts remove operational friction
Remove intermediaries administrative overheads Re-focus human capital
3. Provide instant crypto-token reconciliation
Increase working capital and cash flow Reduce operational liquidity risk
4. Ensure supply-chain provenance and attestation
Remove arbitration issues with suppliers Reduce counterfeit, fraud and possible litigation
5. Instant, auditable peer to peer transactions
Remove foreign exchange risk Remove intermediary payment fees
6. Scalable, large throughput parallel processing
Reduce processing time Reduce infrastructure and processing costs
How we apply Distributed Ledger Technology
Strategy
We will assess and jointly define strategic goals and evaluate the viability of various distributed ledger technologies and their potential to create new opportunities and transform your business.
Discovery
We combine design thinking with lean prototyping to ideate and co-create new concepts for market validation. Our acceleration framework support experimentation and user-testing to accelerate time to value.
Product
We have already built off-shelf blockchain products that can be tailored to your needs: from Identity management to reconciliation and debt collection.
Partners
We partner with leading blockchain technology providers and offer BaaS capabilities to reduce the complexity of the technology and accelerate blockchain innovation.
Ecosystems
Collaboration unlocks the true value of blockchain, we link business partners, suppliers and other value-adders together to enable ecosystems growth and bigger picture investments.
Strategy
We will assess and jointly define strategic goals and evaluate the viability of various distributed ledger technologies and their potential to create new opportunities and transform your business.
Discovery
We combine design thinking with lean prototyping to ideate and co-create new concepts for market validation. Our acceleration framework support experimentation and user-testing to accelerate time to value.
Product
We have already built off-shelf blockchain products that can be tailored to your needs: from Identity management to reconciliation and debt collection.
Partners
We partner with leading blockchain technology providers and offer BaaS capabilities to reduce the complexity of the technology and accelerate blockchain innovation.
Ecosystems
Collaboration unlocks the true value of blockchain, we link business partners, suppliers and other value-adders together to enable ecosystems growth and bigger picture investments.
FinTech Advisory realised early on that the key to success in the new Distributed Ledger Technology arena is delivery. We partnered with Invenica due to their obsession with cost effective tangible product delivery allied with their capability to support fast modular scaling of the proposition. This is powerful to our FinTech clients.
Gary Bailey, Fintech Advisory
SER Team provides business and product strategy support to enterprise and startup clients across Europe. Partnering with Invenica allows for our clients to move beyond strategy to implementation to get to real business impact faster. With Invenica's extensive experience in software architecture, design and build they make for an ideal partner.
Troy Norcross, SER Team