Challenge
- NCR sells and leases physical assets (ATMs) to banks but relies on manual processes to track the lifecycle and usage of the assets
- NCR business users record usage for billing purposes
- Current processes occasionally are inaccurately tracked and documented, resulting in unreconciled asset data and unbilled revenue
Solution
- Automate the process by creating digital copies of physical assets on Corda to enable near real-time irrefutable asset tracking and management
- Digital copies model the flow of information across the entire value chain from original equipment manufacturers, to suppliers, partners and operators
Results
- Achieve operational efficiencies by automating existing processes
- Enable transparency and trust with enterprise customers by creating a single source of truth
- Near real-time visibility on ATM install base
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