ThynkBlynk’s ChainTrail.Com integrates with SAP Business One: Thynkblynk’s chaintrail and Sap Business one announce integration partnership to make key business data verifiable

Singapore, October 31 - Chaintrail.Com is an online ecosystem based service to enable inter-party trust powered by the Blockchain. It enables identity attributes’ based transactions to be executed digitally, securely and efficiently. Chaintrail.com ecosystem works with collective TRUST paradigm that greatly eases P2P, B2C and B2B transactions – both in terms of speed and cost.

ThynkBlynk’s ChainTrail.Com was showcased in SAP’s largest Middle-East’s Event in Dubai, UAE by their exclusive SAP partner WMS. WMS has integrated SAP Business ONE with ChainTrail.Com to make key business data (POs, Invoices) immutable and verifiable to enable straight-through processing and eliminate fraud. This innovative integration was also recognized by Luis Murguia, Senior Vice President - SAP Business One and SAP Business By Design in a tweet.

On this development, Parag Jain CEO of ThynkBlynk, creators of Chaintrail.Com and its ecosystems said, "Chaintrail is excited to integrate with SAP Business One in partnership with WMS UAE. SAP integration enables Business ONE users to access to ChainTrail’s Trust ecosystem. We anticipate the partnership with WMS UAE will lead to further innovation in this direction and ultimately create a suite of data validation services that greatly increases trust and immensely reduces transaction cost as well as execution time".

Transactions today (P2P, B2B, B2C) in most cases rely on 3rd or 1st party for data verification or its authentication due to lack of inter-party TRUST – Be it a student requesting her school to send transcripts to the next institution she wants to study at, a third party credit score that banks rely on when lending money, background verification of information submitted by a potential employee applying for a job opening OR a third party operated virtual data room provider when two companies are in an M&A transaction.

At ThynkBlynk, we are very excited about our transaction service ChainTRAIL.Com that will create an ecosystem driven TRUST paradigm that will greatly ease P2P, B2C and B2B transactions immensely – both in terms of speed and cost.

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This release was published on openPR.