ArkTree, SophiaTX Forge Strategic Alliance To Expand Digital Reach In South Africa

South Africa’s blockchain landscape is set to benefit from an exclusive partnership between SophiaTX (a leading Swiss-based blockchain company) and ArkTree (an emerging South African tech company).

As SophiaTX’s sole VAR (value-added reseller) in South Africa, ArkTree will bring internationally-recognized blockchain innovation to the ERP (enterprise resource planning) domain, which is quickly gaining traction as a conduit to digital disruption worldwide.

“The experience in enterprise-grade information systems combined with the ability to show clients how systems can be integrated with appropriate blockchain solutions to enhance the business value chain, offers these two companies solid foundation in their partnership decision,” says Sean Martin, Managing Director at ArkTree.

Mr. Martin also explains the fact that the blockchain phenomenon is relatively new and unfamiliar, which leads it to scrutiny and resistance from the public. He attributes this to inadequate public knowledge about what blockchain is and how to unleash its full potential to transform and elevate the business world and beyond.

The security of blockchain lies in the sheer decentralization of the infrastructure, which allows for the storing of encrypted data across a wide network of computers simultaneously. The information stored in a blockchain can therefore not be altered. In all its simplicity, such a safe and transparent platform is perfectly suited for tracing the movement of an asset across the value chain.

Mr. Martin also highlights the impact that blockchain will have. As a potential base for a secure peer-to-peer transaction platform, blockchain will play a crucial role in future business. Blockchain’s transparency, stemming from the inability to alter data in the network, will lead to the reduction of fraud, while its simplicity will ultimately yield improved automation as well as more cost-effective data collection across the world.

As a digital “distributed ledger,” the technology is made for multiple industries within the supply chain, including agriculture, food, pharmaceuticals, beverages, retail, real estate, mining, and many other business value chains where traceability across complex supply chain networks is a high priority.

“SophiaTX will bring a direct impact on the bottom line in a relatively short period of time for all businesses that seek better collaboration, exchange of information across industries, and an increase in competitiveness. SophiaTX is aimed at extending business applications such as SAP and also the integration of disruptive technologies such as IoT sensors, AI, Robotics and several others,” suggests Jaroslav Kacina, CEO of Sophia TX.

“Our partnership will deliver scalable enterprise-grade blockchain solutions with service and performance required by businesses. Additionally, the solution offers appropriate levels of compliance – SophiaTX works jointly with the “big four” advisory and audit firms to achieve required security standards and ISO certifications,” adds Kacina.

ArkTree plays a leading role in the enterprise-grade blockchain arena in South Africa by offering niche and insightful blockchain consulting expertise to its partners and customers. It also offers a specialized management accounting template solution for SAP customers, which takes profitability and cost management to the next-level when powered by the new in-memory technology.

SophiaTX, with its focus on innovation, is planning to release a multitude of use cases and applications in the upcoming months so that businesses can not only better understand the potential of blockchain but also significantly shorten time to market.

About SophiaTX

SophiaTX is a blockchain platform and marketplace tailored for extending traditional applications like ERP, SCM, CRM, and many others with robust collaborative and decentralized blockchain capabilities. It is based on a high-speed, secure, and business suitable blockchain protocol and contains open integration APIs to SAP, smart devices, IoT, and other leading enterprise applications. For more information, please visit www.sophiatx.com.

About ArkTree

ArkTree is an innovative, value-focused information systems consulting company specializing in enterprise and industry-wide blockchain solutions, as well as advanced management accounting in the integrated financial supply chain space. For more information, please visit www.arktree.io.

The post ArkTree, SophiaTX Forge Strategic Alliance To Expand Digital Reach In South Africa appeared first on Bitcoin Garden.

Komentar

Posting Komentar

Postingan populer dari blog ini

Transformation of education in post-industrial society

Gambar
Education has always been an expensive privilege; and the education sector has always been one of the most conservative. People chose profession once in their life and did not change it until retirement. Usually education meant studying at a university; self-taught people were rare. However, in the post-industrial society changes in the shape, sense and affordability of education finally began. According to Alvin Toffler, a well-known US sociologist, the emergence of the post-industrial society is a consequence of the intellectual revolution. The possession of knowledge and information will replace financial capital as the biggest value. Development of innovations, empowered by the most educated, will become the most important sector of economy. It means that high-quality affordable education will become even more important than now. The last time when the global education experienced a serious transformation was at the very beginning of the 21st century when the wide access to the I...
Baca selengkapnya

Blockchain Supply Chain Forum will be held on January 10th in Hong Kong

Gambar
The concept of a blockchain – a distributed, tamper-proof and time-stamped database of transactions that can be managed without intermediaries – is highly attractive in the supply chain domain, and the industry has launched a number of proof-of-concept initiatives. However, awareness of how blockchains work and what they can accomplish for supply chain is still relatively low. The lack of knowledge is exacerbated by the fast pace at which the technology is evolving. A success Blockchain Supply Chain Forum was held on October 24th in Shanghai, professional blockchain organizer EventLinker and Global Supply Chain Council will organize the Blockchain Supply Chain Forum on January 10th in Hong Kong, it is the forum connecting blockchain experts, supply chain and logistics decision makers and tech innovators. This intimate gathering will explore how companies are investigating the use and deployment of the technology to help their supply chains in China. Organizer: EventLinker ...
Baca selengkapnya

After GDPR effect? In A Post Cookie World, Blockchain Is Rising

Gambar
The European General Data Protection Regulation (GDPR) was rolled out in May this year. It introduced far-reaching implications for companies which process personal data related to EU citizens. Even those far outside the EU could not fail to notice this change. Email inboxes were overflowing with opt-out reminders. Cookie banners now obscure many websites, forcing users to agree to a privacy policy so that they can browse the content on the site. Although the GDPR document itself clocks in at 88 pages, the majority of what it covers can be summed up in one word — consent. If companies are processing personal data, it must be done with the explicit, informed consent of the individual. For some forms of marketing, such as email subscriber lists, this involved minimal changes. Individuals already have to take the active step of providing their email addresses, and usually it is pretty clear why they are asked to do so. However, for the digital advertising industry, consent is far less ...
Baca selengkapnya