.
● Ordering and payment processes can be completely automated via a newly developed, integrated supply chain platform
● Payments are made along customised purchasing processes using digital euros based on e-money via Commerzbank’s cloud-based blockchain platform
● Carsten Bittner, Divisional Board Member responsible for Technology Foundations at Commerzbank: “Programmable money has enormous potential to further digitalise supply chains”.
In a joint project, Commerzbank, Evonik and BASF successfully tested a shared blockchain platform to efficiently handle bilateral supply chain processes between companies in a live environment. During the test, payments between Evonik and BASF were checked, paid and booked in a
● Ordering and payment processes can be completely automated via a newly developed, integrated supply chain platform
● Payments are made along customised purchasing processes using digital euros based on e-money via Commerzbank’s cloud-based blockchain platform
● Carsten Bittner, Divisional Board Member responsible for Technology Foundations at Commerzbank: “Programmable money has enormous potential to further digitalise supply chains”.
In a joint project, Commerzbank, Evonik and BASF successfully tested a shared blockchain platform to efficiently handle bilateral supply chain processes between companies in a live environment. During the test, payments between Evonik and BASF were checked, paid and booked in a
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