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ADAvoice: Decentralized E-invoicing

$10,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Impact
Solution

E-invoice as transaction metadata and smart contract managing inter-exchange between companies (self-invoicing, periodic invoices,…)

Problem:

Traditional payment between companies are opaque, human-based and complex to audit.
Debtors can delay payment or not respect commercial term

Yes Votes:
₳ 68,131,667
No Votes:
₳ 55,343,634
Votes Cast:
514

Electronic communications between companies are criticals and need a better protocol based on blockchain technology and immutable exchange. Companies need to exchange documents in order to collaborate. Documents can be sales orders, invoices, transport bills etc. Electronic Data Interchange (EDI) digitalizes those exchanges. In a centralized world of EDI/ERP companies exchange data through a long and error prone process of data transformation and ingestion. What is the target audience?

  • Medium and large enterprises Who are the potential users of the platform?
  • CFO's,
  • Accountants,
  • CEO's,
  • Auditors What is the problem that metadata is solving?
  • Problems : Data storage in silos generate difficult interoperability between partners
  • Solution : Pooling all transactional metadata / informations in a neutral, open and interoperable and decentralized network, Cardano. Why does the target audience care about the solution? Why would they install/use the solution?
  • Economic reasons, transaction, exchange and storage data security, instant auditing and tracking, automatisation, Acceleration and optimization of financial flows. Does the solution need hardware components?
  • No What would retain the user on the solution? That is, after installation, why would you keep using it? What value does it bring to the user (continuously)?
  • Natural stickiness and avantages to use blockchain.
  • Billing is an essential and recurring use for businesses
  • They Gain time and money
  • Flow-less partners interaction worldwide and decentralized You can watch a full presentation Online : https://www.icloud.com/keynote/0gwS_aRYCjkE2mDCpxEVYvrWQ#Adavoice_22-04-21 or download the pdf in attachment : https://www.icloud.com/iclouddrive/072PsS6Fw5M4GFQsd9nuRdScQ#Adavoice_22-04-21 We have produce a video to explain how it work and we demonstrate it on the testnet :   To go deeper, technical slides are available here : https://www.icloud.com/keynote/00BagB9ML5ZsqK3NDKt11CjpQ#Adavoice-technical_overview

Community Reviews (1)

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