BLOCKCHAIN - ETDA...MAR 2018 Leveraged Blockchain Tech. to Real Business AUG 2018 1st Launch B2P...

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1 BLOCKCHAIN Updated : JAN 2020 Unlock the Power of Blockchain for Supply Chain

Transcript of BLOCKCHAIN - ETDA...MAR 2018 Leveraged Blockchain Tech. to Real Business AUG 2018 1st Launch B2P...

Page 1: BLOCKCHAIN - ETDA...MAR 2018 Leveraged Blockchain Tech. to Real Business AUG 2018 1st Launch B2P Blockchain Platform with Chemicals Business (Pilot 10 Suppliers) APR’19 –Present

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BLOCKCHAIN

Updated : JAN 2020

U n l o c k t h e P o w e r o f B l o c k c h a i n f o r S u p p l y C h a i n

Page 2: BLOCKCHAIN - ETDA...MAR 2018 Leveraged Blockchain Tech. to Real Business AUG 2018 1st Launch B2P Blockchain Platform with Chemicals Business (Pilot 10 Suppliers) APR’19 –Present

CORPORATE BACKGROUND

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Page 3: BLOCKCHAIN - ETDA...MAR 2018 Leveraged Blockchain Tech. to Real Business AUG 2018 1st Launch B2P Blockchain Platform with Chemicals Business (Pilot 10 Suppliers) APR’19 –Present

CORPORATE COLLABORATION ON AGILE METHODOLOGY

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Page 5: BLOCKCHAIN - ETDA...MAR 2018 Leveraged Blockchain Tech. to Real Business AUG 2018 1st Launch B2P Blockchain Platform with Chemicals Business (Pilot 10 Suppliers) APR’19 –Present

B2P BLOCKCHAIN FOR PROCURE TO PAY

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WHAT IS BLOCKCHAIN?

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D I G I TA L A S S E TS

D I S T R I B U T E D L E D G E R T EC H N O LO GY ( D LT )

S EC U R I T YT R U S T

( N o m i d d l e m a n )H a s h a l g o r i t h m

S m a r t c o n t r a c t

P e e r - t o - p e e r n e t w o r k“ N e e d t o k n o w ” b a s i s

B u s i n e s s r u l e c h e c k i n g

D i g i t a l s i g n a t u r e

EC O SYS T E M

D i g i t a l / c r y p t o c u r r e n c y

Page 7: BLOCKCHAIN - ETDA...MAR 2018 Leveraged Blockchain Tech. to Real Business AUG 2018 1st Launch B2P Blockchain Platform with Chemicals Business (Pilot 10 Suppliers) APR’19 –Present

BLOCKCHAIN FOUNDATION

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Private Blockchain on “Need to Know” basis

Private Blockchain(Peer-to-Peer Network)

Page 8: BLOCKCHAIN - ETDA...MAR 2018 Leveraged Blockchain Tech. to Real Business AUG 2018 1st Launch B2P Blockchain Platform with Chemicals Business (Pilot 10 Suppliers) APR’19 –Present

ACCOUNTING DIGITAL TRANSFORMATION JOURNEY

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Start from collaborative learning to run on production for real business

NOV 20171st Step on Blockchain

Proof-of-Concept

MAR 2018Leveraged Blockchain

Tech. to Real Business

AUG 20181st Launch

B2P Blockchain Platform

with

Chemicals Business(Pilot 10 Suppliers)

APR’19 – PresentScale-up

“Supplier onboarding”From 10 to 3,000++ Suppliers by 2020

MAR 2019BU Scale-up

to Packaging Business

NOV 20182018 Award Gold Winner

In area of

“Excellence in Automation”

APR 2019The Asset Triple A

Treasury, Trade, Supply Chainand Risk Management Awards 2019

“Best Supply Chain Solution”

Page 9: BLOCKCHAIN - ETDA...MAR 2018 Leveraged Blockchain Tech. to Real Business AUG 2018 1st Launch B2P Blockchain Platform with Chemicals Business (Pilot 10 Suppliers) APR’19 –Present

BLOCKCHAIN PROCURE-TO-PAY : B2P PLATFORM

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The business transaction is chained on the Blockchain Peer -to-Peer Network.

Page 10: BLOCKCHAIN - ETDA...MAR 2018 Leveraged Blockchain Tech. to Real Business AUG 2018 1st Launch B2P Blockchain Platform with Chemicals Business (Pilot 10 Suppliers) APR’19 –Present

BLOCKCHAIN PROCURE-TO-PAY : B2P PLATFORM

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End-to-end process with digitization and transformation

Suppl ie r create Invoiceon BLOCKCHAIN

[SMART CONTRACT]

[E-TAX INVOICE ENABLEMENT]

[AUTO 3 WAY MATCHING]to va l idate PO, GR and

INVOICE

Auto send va l idated t ransact ion to approver

fo l lowing by DOA[AUTO DOA SERVICE]

Val idated & Approved t ransact ion wi l l be

dis t r ibuted to a l l re la ted nodes

[DISTRIBUTED LEDGER]

And automatic post accounts payable

[AUTO LIV POSTING]

Bank wi l l automatical ly get payment ins t ruct ion, and pay

to suppl ie r when due[AUTO PAYMENT

TRANSFER]

And automatic post payment t ransact ion

[AUTO PAYMENT POSTING]

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BLOCKCHAIN PROCURE-TO-PAY : B2P PLATFORM

Fully leaning processes, applied automated solutions & new technology

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BLOCKCHAIN PROCURE-TO-PAY : B2P PLATFORM

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Valuable benefits to stakeholders

REDUCE RISK

“No change, delete,

al ter information in

Blockchain wi thout

ver i fying and

accept ing f rom

part ies in network”

> 70%

REMOVE

COST

“Not just adopt

new deep tech to

our business

process, we can

make a cost -

effect ive

occurred”

INCREASE TRUST

& VISIBILITY

“Shar ing data on Cloud

(DLT) to permissioned

part ies, end-to-end

status can be tracked in

real- t ime”

> 50%

SAVE TIME

“Keep cont inue

reducing by

leaning process

& automating

solut ion”

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BLOCKCHAIN TRENDS IN 2020

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E c o n o m y a n d f i n a n c e w i l l l e a d B l o c k c h a i n a p p l i c a t i o n

D e v e l o p m e n t o f n a t i o n a l c r y p t o c u r r e n c y

G o v e r n m e n t i n t e g r a t i o n

B l o c k c h a i n + A I / M L + I n t e r n e t o f T h i n g s

Ref: https://www.blockchainexpert.uk/blog/blockchain-trends-2020

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