Please describe your proposed solution.
Cardano ERP will be an intelligent, robust, open-source, multi-national, enterprise and government appropriate Tier 3 system which will seamlessly integrate all business and government related transactions and reporting between modular dApps. It will be full-featured with modules for all aspects of financial accounting, supply-chain, healthcare, payroll, human resources, service management, sales and purchase order processing, and all manner of various functionality currently enjoyed by legacy relational database dependent, centralized ERP systems running all businesses and governments today. It will be the first ERP system to successfully develop and implement comprehensive universal standards for the Tokenization of Everything to include full lifecycle tracking and reporting (from manufacture of smallest components to disposal and recycle of parent product or child assemblies/components).
Cardano ERP will primarily benefit the greater Cardano community by being the primary dApp driving mass enterprise and government adoption.
We plan to build with the intention to provide developing countries with a robust solution to propel their operations and economies into the Web 3.0 era. We anticipate partnering with many governments and enterprises of various sizes and levels to implement CERP as a strategy to that end. The impact will include vastly improved:
- Accountability
- Transparency
- Efficiency
- Competitiveness
- Employment of people
- Employment of resources
for millions/billions of people, organizations, and governments.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
Cardano ERP will be the world's first open-source, intelligent, Tier 3 (e.g. can handle anything) ERP system having a blockchain back-end.
Every government, enterprise, or business having multiple locations currently runs all operations utilizing an ERP system having a relational database back-end. Whenever you hear about large amounts of data being hacked or stolen, it almost certainty involves such legacy ERP systems.
Cardano ERP will attract the many highly-skilled and experienced open-source ERP developer communities to learn Cardano technologies and re-build their many existing solutions to integrate with, grow, and improve not just Cardano ERP product, but the entire Cardano ecosystem and community. Growth and adoption will be exponential. There will finally be a standardized look and feel such that users will not have to learn anew with every disparate dApp encountered.
Transactions between accounting modules (for example) will support intelligence via the massive use of smart contracts and robust integrations between multiple modules developed by the Cardano ERP core team and the broad and deep open-source community and Cardano ecosystem.
With Cardaon ERP, anything and everything related to providing goods and services will finally be possible. Mass adoption by business and government would be inevitable.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Poaching of our core team members or not obtaining sufficient funding are our biggest risks.
We have mitigated against the risk of poaching by carefully selecting from a pool of developers already known to us and with whom we have worked previously. We intend to pay them competitive wages and provide various enticements to keep them.
Developing Cardano ERP will not be cheap and it will take years. With that in mind, we are following the advice of vCAs to approach the funding and project execution in a manner that will ensure a steady stream of milestone achievements and deliverables along with plans to hire professionals for community engagement and social media management. We anticipate these and other measures will keep us at the forefront when it comes time to request additional funding to continue development until the product becomes self-sustaining via its innovative revenue model.