It is a strong statement but at this time nothing
is more certain than change. When giant corporations are created from a
basement in San Francisco or a student hall in Harvard, it is not hard to
question the future of a software. If Digital Transformation can “disintegrate”
enterprises why could not destroy a concept?
Forget about
ERP and the way we run enterprises for years, despite technological changes,
everything is kept in a book. The book of transactions called general ledger.
Payable, receivables, cash flow, fixed assets and purchasing.
Why? In a
simple sentence? Because we need to know if we can take money home! And does
not matter if is a small-one-owner or a large shared public company. It is the
same. But if there is not a centralised book? We need to know if we can take
the money home still. But if there is no money?
It is a
technology for a new generation of transactional applications that establishes
trust, accountability and transparency while streamlining business processes.
It is a
design pattern made famous by bitcoin the reason I used in this text but its
application go far beyond. With it, we can re-imagine the world’s most
fundamental business interactions and open the door to invent new styles of
digital interactions.
It has the
potential to vastly reduce the cost and complexity of cross-enterprise business
processes. The distributed ledger makes it easier to create cost-efficient
business networks where virtually anything of value can be tracked and
traded—without requiring a central point of control.”
