B2B Blockchain Idea

A blockchain network integrated with the pre-existing SAP S/4HANA to enable the tracking of hardware and software components through the B2B supply chain with automated processes and validation.

Product Features

Cost Savings: Automations create efficient processes making reporting and auditing easier

Trust: Trust created between business and customer

Visibility: Track origins of components to confirm authenticity and enforce sustainable practices

Security: E2E (end-to-end) encryption prevents fraud. Control over data with smart contracts.

Privacy: Anonymizes any sensitive data which reduces unauthorized activity

Software Request

Customers can request software licenses and validation happens on the blockchain preventing overdistribution of licenses and fraudulent activity.

Physical Goods

The more difficult aspect of the product is handling the physical goods within the supply chain. However, the bulk of B2B businesses operate with physical goods, so this is crucial for this product.Physical goods bought from the suppliers go through a warehouse and into the hands of customers. Throughout this chain, blockchain can be used to keep track of order information and validate the item at every step of the process. This would reduce any errors in the supply chain and allow businesses to track the entire flow of their items.

SAP Integration

Many large B2B enterprises use SAP as their primary ERP system. This product can be integrated with SAP S/4HANA without the need to build an entire infrastructure. In addition, the product will be a permissioned blockchain which acts as a control layer to authorize actions for certain users. Finally, Hyperledger Fabric acts as the foundational software to develop a modular-structured solution.‍Notes to ConsiderBlockchain is complicated and might not work for every company. The product idea I detailed here can be flushed out a lot more. There can be a technical deep-dive to understand the engineering side of building a blockchain solution as well as a product deep-dive to understand what features should be prioritized. In all, this idea is a start to something that can be impactful in the B2B Supply Chain space.