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Real Time Heats Up In B2B, While Blockchain Gains Traction

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Plus, blockchain makes new inroads in the B2B arena. Through integration with enterprise resource planning (ERP), the A2A solution enables a more seamless B2B payment experience for both buyer and seller while both sides also gain access to rich remittance data, the company noted. Canada Taps Vocalink for Real-Time Rail.

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The Enterprise Headache Of A Decentralized Blockchain

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For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated.

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Blockchain’s Real-Time Payments Use Case

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Players in payments and commerce keep trying to get their heads around blockchain technology, seeking out use cases and striving to determine if the reality can ever live up to the hype. That said, blockchain is no silver bullet, to put it mildly. Answers are relatively slow in coming, and skepticism abounds.