DLT/Blockchain News in Corporate Finance and Healthcare. View in browser

Opportunity Rocket Launching!

Last month we examined Real-Time Payments and with the Coronavirus (COVID-19), nobody wants to touch paper or CASH. Shall we play on the word “Cash” as in Cashing in on the new opportunity? I think I’ll give it a break.

So, how do you promote technology in this virus-infected, economically twisted market? Most would perceive the purse strings tightening with the big “R”(ecession) on the horizon?

Transformative technology, when pushed to the edge, is all about reducing repetitive, mistake-riddled human tasks with a faster, cheaper, better solution. Digital transformation is HOT. So what better time to help companies transform and reduce human contact, then NOW!?

Hospitals may soon be full, and think about all the technology that will be needed to handle the Tsunami of paperwork, invoices, and tasks. Our basic need is to feed our family, so we all need to get paid as fast as possible. If the institutions don’t have good tech, with the predictions of overcrowding healthcare facilities and fewer employees to work (look what’s happening in Italy), all payments will take much longer. The system may temporarily clog with only a trickle of services. We’ve all heard about the schools, conferences and most public gatherings being canceled.

RIGR™ (Reverse Invoice Generation and Reconciliation)
is a solution that needs to be explored. Add to this the need to read the incoming invoices and get that data into the correct systems so people can get paid, is a bottleneck that has been in need of a solution for years.

Alontrus Group has the answers to the above dilemma. Don’t take our word for it, speak with the many that have implemented a solution.

Maybe the public is overreacting to the Coronavirus, but this is also an opportunity for the leaders to overreact to a solution - and this screams OPPORTUNITY. This is a great time to make new contacts and open up doors (not too wide please ;).

Kindly reach out. I’ll do the fist bump and help you win.

Be Well and Stay Well,

Richard Brownstein, CFP®

Founding Member

Infographic

Download: Logistics Solution

Hyperledger Meetup Highlights

Hyperledger MeetUp on Steroids

Deepak Goel was at the top of his game explaining Fabric 2.0 and all the great features of the Oracle Blockchain Platform - A fantastic enterprise service that spins up on Fabric in 5 minutes. Add to that the powerful Alibaba Cloud with the new 6 Gen ECS and Kubernetes. 

Dev Bhattacharyya, Global MVP for Alibaba, and Summer Liu shared how Alibaba transacted $1B of business in the first 30 seconds of a global shopping festival and $38B in 24 hours!

Richard Brownstein
, the founder of Alontrus Group, introduced their product DataKNOX™ with a demonstration that knocked their socks off! Built by Dev Battacharrya from his open-source product DBLite, it is a DLT with all the power of blockchain and extended to the first of its kind reconciliation engine for DLT with the financial protocol of DMAL and HL7 for healthcare.

To lead the event was Bobbi Muscara of Ledger Academy. She guided us navigating the Hyperledger Wiki so we could all find resources. 

Our big winner of the Ruth Chris $100 Gift card was Shishir Singh who said he would take his wife out to dinner and get his “Head out of the Cloud” lol

Banking/Finance

HSBC: Blockchain Platform Will Keep Trade Finance Smooth Despite Coronavirus

A blockchain trade finance platform developed by eight major banks, among them HSBC, BNP Paribas, and Citi, is now ready for commercial launch... Read more

Microsoft, EY And ConsenSys To Make The Public Ethereum Blockchain Safe For Enterprises

Blockchain, as a new technology, has faced fair critique in the last few years that it is a solution looking for a problem... Read more

Credit Suisse and Instinet Go Live with Paxos Blockchain Settlement System

The broker-dealer businesses of Credit Suisse and Nomura have become the first two firms to go live on a new blockchain-based.... Read more

Banking Giant Citi Backs Blockchain Trade Finance Network Contour

Banking giant Citi backs blockchain trade finance network Contour Blockchain trade finance network Contour has .... Read more

Samsung SDS to Integrate Blockchain with Credorax Account Reconciliation Solution

Today, Samsung SDS announced a partnership with Israel-based fintech and payments firm Credorax to collaborate on enterprise blockchain... Read more

Blockchain-Based FinTech Loan System in the Works

One of the most impressive things about the blockchain is how it can be applied to modern-day financial technology... Read more

JPMorgan In Merger Talks With ConsenSys For Its In-House Blockchain Quorum

A major merger between the world of traditional finance and blockchain could soon be on the cards according to reports... Read more

Insurance

Insurance Commissioner Collaborates with AAIS and IBM to Bring New Data Solution to North Dakota

Insurance Commissioner Jon Godfread today brought together members of the North Dakota insurance industry to introduce a new data solution called Insurance Data Link (openIDL)... Read more

Blockchain as a Tool to Combat Coronavirus

COVID-19 — more commonly known as the coronavirus — has unleashed massive shock waves among the worldwide health, science, government... Read more

Medical

Canadian Hospital Collaborates with IBM for Health Consent Blockchain

Toronto-based research hospital University Health Network (UHN) is working with IBM, eHealth Ontario, and the Blockchain Research Institute on a blockchain health records platform... Read more

HIMSS Cancels Over Coronavirus Concerns

HIMSS canceled its annual conference for the first time in more than 50 years. Conference leaders said they made the decision after recent reports about COVID-19... Read more

Misc

Walmart, Conduent Join Hyperledger Enterprise Blockchain Community

Today at the Hyperledger Global Forum 2020, it was announced that eight new members, including Walmart, Conduent, and Clear are joining the... Read more

Upcoming Events

US Blockchain Industry Events

2020 Blockchain for Business

March 13, 2020, Fayetteville, USA

Consensus

May 11 -13, 2020 - New York USA

Synchronize 2020

March 30, 2020 - New York USA

Digital Asset Summit 2020

May 13, 2020 - New York USA

Ethereal New York 2020

May 8-9 2020, New York, USA




About Alontrus Group

Alontrus Group is transforming invoice reconciliation processes with Distributed Ledger, Blockchain and NextGen technologies in Corporate Finance and Healthcare.

Contact Us
Alontrus Group

270 Sparta Avenue, Suite 104-334, Sparta
New Jersey 07871 United States

You received this email because you signed up on our website or made a purchase from us.

Unsubscribe