Challenge: In the commercial asset management ecosystem, the product owners, distributors and retailers struggle to maintain the synchronization of the fragmented asset data. The fragmented data management solutions and associated complex B2B rules lead to revenue leakage, loss of business opportunities and weakens market share.
Solution:
- The implementation of an autonomous decentralized technology like Blockchain provided a huge transparency, control and provenance for a near real-time asset management across the business-to-business (B2B) network
- The decentralized B2B asset management ecosystem augment actionable analytics for the asset partners in taking smart decisions and in generating accurate reports
- The above-mentioned implementation was done as a PoC in our incubation labs