SAP Digital Currency Hub
This week we tested out SAP’s newly announced Digital Currency Hub. We issued an invoice which was immediately approved and paid by our customer and settled and reconciled by our system all in one transaction using a public blockchain and a stable crypto currency.
https://goerli.etherscan.io/tx/0x371ccf88c3309c32cf1fc842a188f55703eb4e73e5faea3306352b07a3be2652
I started my technical career as an SAP (ABAP) developer right around when it was possible for companies to communicate via API (BAPIs). What happened was an explosion of development and integration work which drove efficiencies in global supply chains, reduced time to market for products and made the enterprises who adopted them more efficient and profitable.
This is bigger.
What we tested this week has the potential to not only reduce time and effort payments and reconciliation processes but also to onboard the global SAP customers to RWA and Defi.
- Advanced & Programable Treasury Management - Idle capital automatically earning yield.
- Efficiencies of Sale - Good Receipts immediately triggering payments and settlements.
- Programable Enterprise Workflows with Instant Milestone payments.
- Assets already digitised in SAP systems tokenised, liquid and productive.
How big is this opportunity? According to SAP's 2020 annual report, the company has over 440,000 customers in more than 180 countries, and their software is used by 77% of the world's transaction revenue touches an SAP system.
Let that sink in. Everything everywhere soon.
Latest Posts
How the $FACTR Token and Defactor’s Products Benefit Companies and Individuals
Defactor enables businesses to unlock liquidity by tokenising real-world assets (RWA), accessing funding quickly through decentralised finance (DeFi). Discover how our RWA Toolkit allows businesses to manage, lend, and borrow against tokenised assets with more flexibility than traditional finance.
Defactor's Lending Pools Glossary
Gain comprehensive insight into the world of blockchain and decentralised finance (DeFi) with this educational glossary.
Supply, Distribution, Buyback & Incentives: The $FACTR Token Model
The $FACTR token, central to the Defactor ecosystem, explore how it supports business solutions within the DeFi space through mechanisms that encourage sustainability and user engagement.
Tokenisation & The Empowerment of Communities: Web3 Community Building
Learn how Web3 and tokenisation empower communities by enabling participation, governance, and economic opportunities. Explore strategies for building vibrant Web3 communities and overcoming challenges in the decentralised landscape.
The Importance of User Experience (UX) in RWA Tokenisation
User experience is key to the adoption of asset tokenisation, making blockchain technology accessible by focusing on simplicity, security, and market readiness.
The Convergence of DePIN, RWA Tokenisation, and The Vision of Bitcoin
Blockchain technology has sparked a wave of innovations that are transforming finance, infrastructure, and asset ownership. This article will examine the developments and convergence of Decentralised Physical Infrastructure Networks (DePIN), Real World Asset (RWA) tokenisation, and the original vision laid out in the Bitcoin white paper. While these concepts may seem distinct at first glance, together, they can create a future where infrastructure, ownership, and financial systems are more transparent, accessible, and democratised.
The Rise of Real-World Asset Tokenisation
Learn about the origins of Real-World Assets and explore its expansion into diverse sectors. Discover the future of tokenisation and its impact on businesses and investors.
Bridging Real Estate and Crypto: Uniting Risk-Averse and Risk-Taking Investors
Explore how tokenisation is bridging the gap between traditional real estate stability and the high-risk, high-reward world of crypto.
Real-World Asset Tokenisation & The Gun Argument
Real-World Asset (RWA) tokenisation can offer many benefits, But how do we mitigate the risks? Explore the complementary factors the "gun argument" could provide and its potential benefits for RWA tokenisation.
Defactor & RWA.io
Defactor has launched RWA.io, a new global platform aimed at simplifying and unifying the RWA ecosystem. The platform will offer transparency through verified data and aims to drive innovation in the DeFi space by bringing together projects, applications, and service providers.
Real-World Assets, Scalability & Success
Real-world asset tokenisation presents a revolutionary shift in traditional investment models. However, amidst the excitement lies a critical yet often overlooked factor: scalability.
Token Standards for Real-World Assets: Why Do We Need Them?
Explore the crucial role of token standards like ERC-3643 in asset tokenisation, ensuring security, compliance, and interoperability in decentralised finance.
Why Tokenise Real-World Assets?
From real estate to fine art, tokenisation offers enhanced liquidity, breaks down investment barriers, and ensures certainty through security with smart contracts. Join the revolution reshaping how we perceive and interact with assets.
Why You Should Care About Real-World Asset Tokenisation
Explore how asset tokenisation enhances liquidity, lowers investment barriers, and secures ownership with blockchain technology.
Real-Life or Virtual Marketing?
Explore the balance between digital and in-person strategies to market your RWA project, blending traditional approaches with innovative ideas.
Where to Start When Marketing a Real-World Asset Ecosystem
Explore key strategies for marketing an RWA ecosystem, focusing on building trust, engaging communities, and balancing technical innovation.
Can I Tokenise My House?: The Answer Is Yes
Explore the transformative ability of real estate tokenisation, breaking barriers, unlocking liquidity, and fostering community engagement.
The Challenges of Gold Tokenisation
Uncover challenges and opportunities in gold tokenisation, navigating trust, liquidity, and innovation in the dynamic digital economy.
Defactor's Prediction: Asset Classes That Will Be Most Disrupted By Tokenisation
The experts at Defactor have spoken, providing their predictions on which asset classes could be most disrupted by tokenisation.
Does Crypto Regulation Stifle DeFi Innovation?
Explore the complex interplay of DeFi innovation and regulatory frameworks, navigating challenges and opportunities for balanced growth.
How to Bring Your Tokenisation Proof of Concept to Life
Unlock the potential of DeFi with our guide on bringing your tokenisation proof of concept to life. Define, research, architect, and begin your transformative journey.
The Process and Challenges of Asset Tokenisation
Explore the intricate world of asset tokenisation in this insightful article. Uncover the unique opportunities, challenges, and risks inherent in this ground-breaking concept.
Key Aspects of Tokenisation
Discover the game-changing potential of asset tokenisation. Unveil the key factors - from technology to legal aspects - crucial for a successful tokenisation journey in the world of blockchain and investment.
The Basics of Asset Tokenisation
Unlock the future of investment with asset tokenisation. Explore the transformative power of blockchain technology, democratising access and enhancing liquidity in real-world asset management.
How Defactor Uses The ERC-3643 Token Standard
Learn more about how Defactor uses the ERC-3643 token standard for asset tokenisation
Aspects of Projects that Benefit Most from Lending Pools
Explore attributes for optimal DeFi lending pool integration, empowering projects to expand, engage communities, and navigate challenges.
Real-World Assets and Lending Pools: A Perfect Match
Explore tokenised real-world assets in DeFi lending—unlocking liquidity, expanding accessibility, and enabling diverse asset-backed loans.
The Benefits of Lending Pools
Explore DeFi lending pools—swift access to funds, passive income opportunities, and diverse pool types reshaping finance.
Understanding Lending Pools and Their Role in DeFi Loans
Discover DeFi lending pools: reshaping finance through dynamic funds, global collaboration, and key elements like APY, collateral, and more.
Engage | Staking & Governance
Defactor's Engage platform offers easy staking, governance participation, and attractive rewards for cryptocurrency users.
SAP Digital Currency Hub
This week we tested SAP’s newly announced Digital Currency Hub. We issued an invoice which was immediately approved and paid by our customer and settled and reconciled by our system all in one transaction using a public blockchain and a stable crypto currency.
The Basics of Factoring
Factoring provides cash flow by selling invoices, benefiting SMEs, but higher fees and credit risk exist. Defactor offers decentralised finance solutions.
Why are real-world assets important to DeFi?
DeFi's growth faces hurdles due to volatility. Real-world assets (RWAs) can bridge the gap and drive mass adoption. Defactor simplifies RWA integration, accelerating traditional business adoption of DeFi.