Finlync Designs ERP Integration to Distributed Ledger and Blockchain

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The Blockchain team at Finlync has implemented the world’s first agnostic Blockchain integrator for ERP systems.  Their latest integrator allows seamless plug-and-play integration to SAP, for Ethereum and Hyperledger – with more platforms following suit.  

ERPs, like SAP, are the central backbone for most large corporates, processing data such as purchase orders, deliveries, invoices and payment instructions.  Integration therefore allows for true data interoperability for such corporate banking services like Trade Financing, Payments and Contract Management.  

APAC Technology Director, Peter Klein, said:

“…the Finlync SAP-DL Integrator gives effortless process integration with trusted communication to Bank’s Distributed Ledger platforms.  This allows corporates to experience secure access and centralised control – all within their already existing ERP”.

Banks and financial institutions can benefit from a risk-adverse solution to onboard their corporate clients quickly and efficiently to their BlockChain offerings.  Peter says:

“Banks are working with us to secure their existing client relationships, whilst opening new revenue channels, by integrating ERP corporates to the multi-party value chain.”  

Finlync have an extensive history of implementing ISO20022 messaging standards for ERP to Bank Communication. Whilst leveraging on this experience, they are now evaluating for new and effective messaging integration in the distributed ledger.  

The SAP-DL Integrator has a light footprint which can integrate even with older versions of SAP, but leverages innovative, user friendly and attractive HTML5 type user interfaces.  The technology utilizes API calls for real-time integration of ERP data to Blockchains.  

Finlync  are running demos of the latest solution and pursuing for continual collaboration.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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